Question
can you do it on microsoft excel. 1) Below is Caprio Services adjusted trial balance for the year ending December 31, 2016. Using this information,
can you do it on microsoft excel.
1) Below is Caprio Services adjusted trial balance for the year ending December 31, 2016. Using thisinformation, prepare the income statement,statement of owners equity and then the balancesheet for the end of December 31, 2016.
Caprio ServicesAdjusted Trial BalanceDecember 31, 2016
Account Titles
DR
CR
Cash
$90,200
Accounts Receivable
47,800
Prepaid Insurance
32,000
Equipment
415,000
Accumulated Depreciation
$145,000
Accounts Payable
26,000
Unearned Revenue
15,800
Bank Loan
260,000
Caprio, Capital
108,200
Caprio, Drawings
40,000
Service Revenue
545,000
Advertising Expense
100,000
Insurance Expense
40,000
Maintenance Expense
5,900
Rent Expense
78,000
Salaries Expense
228,500
Telephone Expense
3,200
Travel Expense
19,400
Total
$1,100,000
$1,100,000
can you do it on microsoft excel.
1) Below is Caprio Services adjusted trial balance for the year ending December 31, 2016. Using thisinformation, prepare the income statement,statement of owners equity and then the balancesheet for the end of December 31, 2016.
Caprio ServicesAdjusted Trial BalanceDecember 31, 2016 | ||
Account Titles | DR | CR |
Cash | $90,200 |
|
Accounts Receivable | 47,800 |
|
Prepaid Insurance | 32,000 |
|
Equipment | 415,000 |
|
Accumulated Depreciation |
| $145,000 |
Accounts Payable |
| 26,000 |
Unearned Revenue |
| 15,800 |
Bank Loan |
| 260,000 |
Caprio, Capital |
| 108,200 |
Caprio, Drawings | 40,000 |
|
Service Revenue |
| 545,000 |
Advertising Expense | 100,000 |
|
Insurance Expense | 40,000 |
|
Maintenance Expense | 5,900 |
|
Rent Expense | 78,000 |
|
Salaries Expense | 228,500 |
|
Telephone Expense | 3,200 |
|
Travel Expense | 19,400 |
|
Total | $1,100,000 | $1,100,000 |
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