Question
Del Mundo Landscape Specialist Trial Balance Cash 282,250 Accounts Receivable 17,500 Supplies 11,000 Prepaid Rent 20,000 Vehicles 500,000 Accumulated Depreciation-vehicles 50,000 Equipment 100,000 Accumulated Depreciation-equipment
Del Mundo Landscape Specialist
Trial Balance
Cash 282,250
Accounts Receivable 17,500
Supplies 11,000
Prepaid Rent 20,000
Vehicles 500,000
Accumulated Depreciation-vehicles 50,000
Equipment 100,000
Accumulated Depreciation-equipment 50,000
Notes Payable 100,000
Accounts Payable 10,000
Salaries Payable 5,000
Interest Payable 1,500
Unearned Revenues 20,000
Del Mundo Capital 621,250
Del Mundo Withdrawals 20,000
Landscaping revenues 300,000
Salaries Expense 75,000
Supplies Expense 9,000
Rent Expense 20,000
Insurance Expense 12,000
Transportation Expense 10,000
Advertising Expense 6,000
Interest Expense 2,500
Depreciation Expense-vehicles 5,000
Depreciation Expense- equipment 2,000
Miscellanepus Expense 1,500
Required:Trial Balance, Income Statement, Changes in Equity, and Balance Sheet
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started