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Cassi Company Adjusted Trial Balance December 31, 2019 CASSI COMPANY Adjusted Trial Balance December 31, 2019 Debit Credit $ 4,000 15,000 18,000 5,000 50,000 Oash..
Cassi Company Adjusted Trial Balance December 31, 2019
CASSI COMPANY Adjusted Trial Balance December 31, 2019 Debit Credit $ 4,000 15,000 18,000 5,000 50,000 Oash.. Accounts receivable Inventory.... Prepaid rent Equipment Accumulated depreciation Accounts payable. Salaries payable Dividends payable Unearned revenue Long-term debt... Common stock. Retained earnings Sales revenue. Cost of goods sold Salaries expense. Rent expense. Depreciation expense. Dividends. Totals $ 10,000 8,000 9,000 2,000 5,000 35,000 15,000 5,000 52,000 30,000 5,000 6,000 6,000 2,000 $141,000 $141,000 Required Prepare an income statement, a statement of stockholders' equity, and a balance sheet for Cassi Company using its December 31, 2019, adjusted trial balance. There were no changes in stockhold- ers' equity during the year other than for net income and dividendsStep by Step Solution
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