Auburn Company Worksheet (partial)

For the Month Ended April 30, 2020

Adjusted Trial Balance Income Statement Balance Sheet

Account Titles Dr. Cr. Dr. Cr. Dr. Cr.

Cash 10,000

Accounts Receivable 7,840

Prepaid Rent 2,280

Equipment 23,050

Accumulated DepreciationEquip. 4,900

Notes Payable 5,700

Accounts Payable 4,920

Owners Capital 27,960

Owners Drawings 3,650

Service Revenue 15,590

Salaries and Wages Expense 10,840

Rent Expense 760

Depreciation Expense 650

Interest Expense 57

Interest Payable 57

Totals 59,127 59,127

Worksheet data for auburn company are presented, the owner did not make any additional investments in the business in April.

Prepare an income statement, an owner's equity statement, and a classified balance sheet.

Jerry J. Weygandt; Paul D. Kimmel; Donald E. Kieso. Accounting Principles, 13th Edition (Page 4-43). . Kindle Edition.