Question
COOKIE CREATIONS Adjusted Trial Balance December 31, 2019 Debit Credit Cash $970 Accounts Receivable 720 Supplies 290 Prepaid Insurance 990 Equipment 1,000 Accumulated DepreciationEquipment $30
COOKIE CREATIONS Adjusted Trial Balance December 31, 2019
Debit
Credit
Cash
$970
Accounts Receivable
720
Supplies
290
Prepaid Insurance
990
Equipment
1,000
Accumulated DepreciationEquipment
$30
Accounts Payable
60
Salaries and Wages Payable
46
Interest Payable
10
Unearned Service Revenue
250
Notes Payable
1,600
Owners Capital
660
Owners Drawings
410
Service Revenue
3,759
Salaries and Wages Expense
825
Utilities Expense
105
Advertising Expense
135
Supplies Expense
840
Depreciation Expense
30
Insurance Expense
90
Interest Expense
10
$6,415
$6,415
COOKIE CREATIONS Owners Equity Statement
December 31, 2019For the Two Months Ended December 31, 2019For the Year Ended December 31, 2019
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
$
AddLess
:
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
AddLess
:
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
DrawingsExpensesNet Income / (Loss)Owners Capital, November 1Owners Capital, December 31RevenuesTotal ExpensesTotal Revenues
$
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How To Win Your Tax Audit An Insider Guide To Successfully Negotiating With The IRS Chronicled From The Files From The Files Of The Nations Most Successful And Respected Taxpayers Rights Advocate
Authors: Daniel J Pilla
1st Edition
1884367097, 978-1884367090
