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BALANCE SHEET From the partial work sheet below, prepare a balance sheet. (FOR EXERCISES 6-1A, 6-2A, 6-3A, AND 6-4A) Major Advising Work Sheet (Partial) For

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BALANCE SHEET From the partial work sheet below, prepare a balance sheet. (FOR EXERCISES 6-1A, 6-2A, 6-3A, AND 6-4A) Major Advising Work Sheet (Partial) For Month Ended January 31, 20-- INCOME STATEMENT BALANCE SHEET MCCOUNT TITLE DENT CREDIT DEBIT CREDIT 1 113 3 900 9 3 500 3 4 6.00 80 000 3 50 000 2 3 4 5 20 000 6 100 000 7 30.000 8 4 10 000 9 90.000 10 41 4 000 1 Cash 2 Accounts Receivable 3 Supplies 4 Prepaid Insurance 5 Office Equipment 6 Accum. Depr.-Office Equipment 7 Accounts Payable 8 Wages Payable 9 Ed Major, Capital 10 Ed Major, Drawing 11 Advising Fees 12 Wages Expense 13 Advertising Expense 14 Rent Expense 15 Supplies Expense 16 Phone Expense 17 Electricity Expense 18 Insurance Expense 19 Gas and Oil Expense 20 Depr. Expense-Office Equipment 21 Miscellaneous Expense 22 23 Net Income 24 11 12 13 14 70 000 9 000 50 000 1 5 000 6 7100 4 800 8 900 5 3 00 20 000 2 300 1 9 2 000 2 2 2 000 4 1 4 000 15 16 17 18 19 20 4 1 4 000 7 8 2 000 21 5 6 0 0 00 22 2/2 2 000 23 7 8 2 000 24 4 1 4 000 7 8 2 000

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