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E4-7 Lanza Company, SA had the following adjusted trial balance. LANZA COMPANY, SA Adjusted Trial Balance For the Month Ended June 30, 2017 Adjusted Trial
E4-7 Lanza Company, SA had the following adjusted trial balance. LANZA COMPANY, SA Adjusted Trial Balance For the Month Ended June 30, 2017 Adjusted Trial Balance Credit Account Titles Debit Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Share Capital-Ordinary Retained Earnings Dividends Service Revenue Salaries and Wages Expense Miscellaneous Expense Supplies Expense Salaries and Wages Payable R$ 3,712 2,904 480 R$ 1,056 160 3,000 1,360 300 4,300 1,344 180 1,200 244 R$10,120 R$10,120 NV at July 31, (LO 1, 6) 2017. Salaries and wages payable Salaries and wages expense Notes payable (long-term) Cash s 1,800 14,200 9,240 $ 2,040 50,700 22.600 Accounts receivable 30,000 Accumulated depreciation-equip. 6,000 Equipment Accounts payable Service revenue Rent revenue Share capital-ordinary 4,100 Dividends 62,000 3,000 2,400 Depreciation expense 8,500 Retained earnings (beginning 25,000of the year) 22,700 (a) Prepare an income statement and a retained earnings statement for the year (b) Prepare a classified statement of financial position at July 31
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