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EXPRESSIONS Trial balance (December 31, 2019 Debit Credit Cash 5.2.330 Accounts receivable O Furniture 600 Stere equipment 16.200 Note payable 5 800 Worthy, Capital 18.000
EXPRESSIONS Trial balance (December 31, 2019 Debit Credit Cash 5.2.330 Accounts receivable O Furniture 600 Stere equipment 16.200 Note payable 5 800 Worthy, Capital 18.000 . Worthy Withdrawals 900 Haircutting services revenue 1.855 Wages expense 125 Rent expense 500 Totals $20.655 $20,65% Required: a) [10 marks) An income statement for the year ended December 31, 2019 b) [10 marks] A statement of owner's equity for the year ended December 31, 2019 c) [20 marks] A balance sheet as on December 31, 2019 d) [10 marks) From balance sheet, calculate the Total Debt Ratio of the company and explain your answer. TOR(Total Assets-Total Equity/Total Assets) TTT Antal 3. (12pt) T- IX and Submit to save and submit. Click Save All Answers to Sat all answers Save
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