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D > > + Automatic Zoom ED 1 of Steely Company Adjusted Trial Balance For the Year ended December 31, 2010 Cash 6,130 Accounts Receivable

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D > > + Automatic Zoom ED 1 of Steely Company Adjusted Trial Balance For the Year ended December 31, 2010 Cash 6,130 Accounts Receivable 2,300 Prepaid Insurance 750 Equipment 13,400 Accumulated Depreciation 1,200 Accounts Payable 1,700 Notes Payable - Due on June 30, 2011 5,000 Bob Steely, Capital 12,000 Bob Steely, Drawing 870 Fees Earned 6,600 Wages Expense 1,450 Rent Expense 900 Utilities Expense 475 Depreciation Expense 150 Miscellaneous Expense 75 Totals 26,500 26,500 Prepare an Income Statement, Statement of Owner's Equity, and Classified Balance Sheet. Assume that the capital account started with a beginning balance of $10,000. FORMS ATTACHED

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