Question
Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of December 2019. The adjusted trial balance is
Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of December 2019. The adjusted trial balance is shown below. Note: during the month of December, the owner of Feather Light Travelling Trains invested $7,800 into the business. Feather Light Travelling Trains Adjusted Trial Balance December 31, 2019 Account Titles Cash Accounts Receivable Prepaid Insurance Equipment DR CR $ 8,240 $7,650 $ 1,990 $64,330) Accumulated Depreciation-Equipment Accounts Payable $1,810 $9,420 Interest Payable $100 Unearned Revenue $5,170 Bank Loan $ 15,560 Murray, Capital $ 49,340 Murray, Withdrawals $1,720 Service Revenue $5,460 Advertising Expense $330 Depreciation Expense $290 Insurance Expense. $270 Interest Expense $500 Rent Expense Total $1,540 $86,860 $ 86,860 Do not enter dollar signs, negative signs, or commas in the input boxes. Feather Light Travelling Trains Income Statement For the Month Ended December 31, 2019 Revenue Service Revenue Expenses Advertising Expense Depreciation Expense Insurance Expense Interest Expense Rent Expense Total Expenses Net Income (Loss) Feather Light Travelling Trains Statement of Owner's Equity For the Month Ended December 31, 2019 Murray, Capital at December 1, 2019 Add Net Income (Loss) Investments Total Additions here to search O A Net Income (Loss) Feather Light Travelling Trains Statement of Owner's Equity For the Month Ended December 31, 2019 Murray, Capital at December 1, 2019 Add: Net Income (Loss) Investments Total Additions Subtotal Less: Murray, Withdrawals Murray, Capital at December 31, 2019 Feather Light Travelling Trains Balance Sheet As at December 31, 2019 Assets Cash Accounts Receivable Prepaid Insurance Equipment Type here to search O IT NO Assets Cash Accounts Receivable Prepaid Insurance Equipment Feather Light Travelling Trains Balance Sheet As at December 31, 2019 Less: Accumulated Depreciation-Equipment Net Equipment Total Assets Liabilities Accounts Payable Interest Payable Unearned Revenue Bank Loan Total Liabilities Owner's Equity Murray, Capital Total Liabilities and Owner's Equity Type here to search T7 NO
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