Exercise 4-2 Extending accounts in a work sheet LO P1 The Adjusted Trial Balance for Planta Company follows. 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 cr. Dr. Cr. $ $ Dr. 6,200 27,094 42,000 $ 16,884 Balance Sheet and Statement of Owner's Equity Dr. Cr. 6,200 27,094 42,000 $ 16,884 30,000 14,446 3,305 2,705 64,968 17,894 No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciationTrucks 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 F. Planta, Capital 302 F. Planta, Withdrawals 401 Plumbing fees earned 611 Depreciation expense Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses Totals Net income Totals 30,000 14,446 3,305 2,705 64,968 17,894 94,000 $ 94,000 $ 5,628 43,992 14,288 9,212 196,308 5,628 43,992 14,288 9,212 7 3,120 [ $ $ 196,308 94,000 123,188 102,308 $ 73,120 $ 94,000 $ 123,188 $ 102,308