Exercise 4-2 (Algo) Extending accounts to financial statement columns LO P1 The Adjusted Trial Balance columns of a work sheet for Planta Company follow. Complete the work sheet by extending the account balances Into the appropriate financial statement columns and by entering the amount of net Income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Account Number Account Title Balance Sheet and Statement of Owner's Equity Debit Credit Debit Credit Debit Credit 101 $ 7,900 34,523 106 153 Cash Accounts receivable Trucks Accumulated depreciation-Trucks Land 43.500 154 $ 17,487 183 30.000 201 18,407 209 Accounts payable Salaries payable Unearned revenue 4,211 236 3.611 70,581 301 302 9.747 B. Planta, Capital B. Planta, Withdrawals Plumbing revenue Depreciation expense Trucks 403 61,000 611 5.829 28.548 622 Salaries expense 640 677 Rent expense Miscellaneous expenses 9.272 5,978 $ 175,297 Totals $ 175,297 0 0 0 Net income Totals S 0 $ 0 S 0 $ 0