Dn. Cr. No. 101 106 153 154 183 201 209 233 301 302 401 611 622 640 Adjusted Trial Balance December 31 Account Title Cash Accounts receivable Trucks Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned fees E. Happ, Capital E. Happ, withdrawals Plumbing fees earned Depreciation expense-Trucks Salaries expense Rent expense Totals $ 8,900 38,893 43,000 17,286 30,000 20,737 4,744 4,144 71,174 16,230 65,000 5,762 30,420 9,880 $183,085 $183,085 Required: a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital accour balance was $71,174 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required c Use the adjusted trial balance to prepare the December 31 year-end income statement. ZAHURAK COMPANY Income Statement For Year Ended December 31 Revenues a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $71,174 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end income statement. / ZAHURAK COMPANY Income Statement For Year Ended December 31 Revenues Expenses Total expenses 302 401 611 622 640 E. Happ, Withdrawals Plumbing fees earned Depreciation expense-Trucks Salaries expense Rent expense Totals 16,230 65,000 5,762 30,420 9,880 $183,085 $183,085 Required: a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $71,174 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $71,174 on December 31 of the prior year. ZAHURAK COMPANY Statement of Owner's Equity For Year Ended December 31 E. Happ, Capital, Dec. 31 prior year end E. Happ, Capital, Dec. 31 current year end a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $71,174 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end balance sheet. (Amounts to be deducted should be indicated with a minus sign.) ZAHURAK COMPANY Balance Sheet December 31 13,280 Salaries Expense Salaries Payable 13,280 3,180 Insurance Expense Prepaid Insurance 3,180 3,300 Interest Receivable Interest Revenue 3,300 Cash 4,200 Unearned Revenue 4,200 1,700 Accounts Payable Cash 1,700 12,300 Cash Accounts Receivable (from services) 12,300 2,208 Interest Expense Interest Payable 2,208 Unearned Professional Fees 19,250 Professional Fees Earned 19,250 500 Prepaid Rent Cash 500 38,217 Depreciation Expense Accumulated Depreciation 38,217
