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Chapter Five Financial Statements Problem 5-2: Listed below is the adjusted trial balance of the Tasha Thomas Consulting Firm Tasha Thomas Consulting Firm Adjusted Trial

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Chapter Five Financial Statements Problem 5-2: Listed below is the adjusted trial balance of the Tasha Thomas Consulting Firm Tasha Thomas Consulting Firm Adjusted Trial Balance December 31, 20XX 35.000 13.000 1.000 600 15,000 3,000 Cash Accounts Receivable Office Supplies Prepaid Rent Office Equipment Accumulated Depreciation, Office Equipment Accounts Payable T. Thomas, Capital T. Thomas, Withdrawals Consulting Fees Eamed Rent Expense Office Supplies Expense Depreciation Expense, Office Equipment Salaries Expense 12,000 40,000 200 55,000 1,200 3.000 1.000 40.000 110,000 110,000 Required a. b. Prepare an Income Statement Prepare a Statement of Owner's Equity. Prepare a Balance Sheet

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