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Based on the following trial balance for Jenny Cleaning Services, prepare an income statement, statement of owner's equity, and a balance sheet. Jenny Jones made
Based on the following trial balance for Jenny Cleaning Services, prepare an income statement, statement of owner's equity, and a balance sheet. Jenny Jones made no additional investments in the company during the year. Jenny Cleaning Services Trial Balance December 31 Cash $ 9,500 Accounts receivable 525 Beauty supplies 3,800 Beauty shop equipment 21,000 Accounts payable $ 6,465 S. Crawford, Capital-Begin 24,385 S. Crawford, Withdrawals 22.000 Revenue earned 68,900 Beauty supplies expense 5,925 Rent expense 8,000 Wages expense 29,000 Totals $99.750 $99.750
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