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E3-12 (L03,4) (Prepare Financial Statements) Santo Design was founded by Thomas Grant in January 2011. Presented below is the adjusted trial balance as of
E3-12 (L03,4) (Prepare Financial Statements) Santo Design was founded by Thomas Grant in January 2011. Presented below is the adjusted trial balance as of December 31, 2017. Cash Accounts Receivable Supplies Prepaid Insurance SANTO DESIGN ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Dr. Cr. $ 11,350 21,500 5,000 2,500 60,000 $ 35,000 5,000 150 5,000 5,600 1,300 10,000 3,500
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