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Exercise 2-18 Preparing financial statements from a trial balance LO6 Extreme Hockey trains top-level hockey players with on-ice and office programs. Extreme Hockey aims to
Exercise 2-18 Preparing financial statements from a trial balance LO6 Extreme Hockey trains top-level hockey players with on-ice and office programs. Extreme Hockey aims to maximize every hockey player's full potential. The company showed the following trial balances for its first year just ended December 31, 2020: Credit Debit $ 18,000 5.200 13,000 57,100 Account Title Cash Accounts receivable Prepaid rent Machinery Accounts payable Notes payable Ryan Roy, capital Ryan Roy, withdrawals Training revenue weges expense Rent expense Totals $ 17,300 47,000 50, eee 2,000 18,000 29,000 8.00 $132,300 $132,300 Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet
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