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Dr. Auburn Company Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Cr. Dr. Cr. Dr.
Dr. Auburn Company Worksheet (partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Cr. Dr. Cr. Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip. 4,900 Notes Payable 5,700 Accounts Payable 4,920 Owner's Capital 27,960 Owner's Drawings 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 650 Interest Expense 57 Interest Payable 57 59,127 59,127 Totals Instructions Complete the worksheet. Prepare financial statements from worksheet. Prepare an income statement, an owner's equity statement, and a classified balance sheet. Journalize and post closing entries and prepare a post-closing trial balance. A. Journalize the closing entries at April 30. B. Post the closing entries to Income Summary and Owner's Capital. Use T-accounts. C. Prepare a post-closing trial balance at April 30. Prepare adjusting entries from a worksheet, and extend balances to worksheet columns
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