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Data table Online Advertising Services Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 14,600 Accounts Receivable 15,100 Office Supplies 6,900
Data table Online Advertising Services Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 14,600 Accounts Receivable 15,100 Office Supplies 6,900 Land 17,800 Building 52,000 Accumulated Depreciation-Building 37,100 Furniture 21,100 Accumulated Depreciation-Furniture 13,700 Accounts Payable Salaries Payable Unearned Revenue 10,300 7,700 17,000 Colman, Capital Colman, Withdrawals 66,200 19,200 Print Done - O CO 2) are sh Data table Office Supplies Land Building 6,900 17,800 52,000 Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable $ 37,100 21,100 13,700 10,300 Salaries Payable 7,700 Unearned Revenue 17,000 Colman, Capital 66,200 Colman, Withdrawals 19,200 Service Revenue 43,900 Salaries Expense 25,000 Supplies Expense 9,300 Depreciation Expense-Building 3,100 Depreciation Expense-Furniture 600 11,200 Advertising Expense Total $ 195,900 $ 195,900 Print Done - ho cor y.) The adjusted trial balance for Online Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. GLEED Requirement 1. Prepare the income statement for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave i empty, do not select a label or enter a zero.) Online Advertising Services Income Statement Year Ended December 31, 2024 Net Income (Loss) Requirement 2. Prepare the statement of owner's equity for the year ending December 31, 2024. Assume that there were no contributions made by the owner during the year. (Use a minus sign or parentheses to show a net loss. Exclude any zero-balance events for the period from the statement of owner's equity.) Online Advertising Services Statement of Owner's Equity Year Ended December 31, 2024 Colman, Capital, January 1, 2024 Colman, Capital, December 31, 2024 Requirement 3. Prepare the classified balance sheet as of December 31, 2024. Use the report form. Begin by preparing the asset section of the balance sheet and then prepare the liabilities and owner's equity sections. (If a box is not used in the balance sheet, leave the box empty, do not select a label or enter a zero.) Online Advertising Services Balance Sheet December 31, 2024 Assets Less The adjusted trial balance for Online Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. Less: Less: Liabilities Owner's Equity
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