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Career Portfolio Assignment:Financial Statements Instructions The following is a sample trial balance for the A & E Management Consulting firm . Refer to the information

Career Portfolio Assignment:Financial Statements

Instructions

The following is a sample trial balance for the A & E Management Consulting firm. Refer to the information presented in this trial balance to complete the spreadsheet file attached. You must use formulas for calculations. Upload your completed spreadsheet consisting of a Trial Balance, Income Statement and Balance Sheet using appropriate columnar formatting) to the drop box.

(The sample trial is below)

A & E Management Consulting

Adjusted Trial Balance

June 30, 20--

ACCOUNT NAME DEBIT CREDIT
Cash 16,170.00
Accounts Receivable 1,264.00
Prepaid Insurance 850.00
Spa Equipment 7,393.00
Accumulated Depreciation, Spa Equipment 64.88
Office Equipment 1,150.00
Accumulated Depreciation, Office Equipment 60.00
Accounts Payable 3,248.00
Wages Payable 369.50
A. Valli, Capital 18,158.00
A. Valli, Drawing 1,850.50
Income from Services 18,347.00
Wages Expense 7,759.00
Rent Expense 1,650.00
Office Supplies Expense 368.00
Spa Supplies Expense 492.00
Laundry Expense 84.00
Advertising Expense 397.00
Utilities Expense 473.00
Insurance Expense 160.00

Depreciation Expense, Spa Equipment

64.88
Depreciation Expense, Office Equipment 10.00
Miscellaneous Expense 112.00
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