File Home Insert Draw Page Layout Formulas Data Review View Help e Share Comments ON Calibri 11 === a Wrap Text Date ' ' A >AutoSum Fil Clear Paster 47 Sort Find & Filter Select nsert Dalata Format H. BIU Merge & Center Conditional Formatas Call Formatting Table Styles Styles $ % -3 Analyre Data Cliparand Font Alignment Number Cells Editing Analysis A A1 f Dress Right Clothing 1 K M N o P R crediks 11 Inventory 500 A D F G H 1 Dress Right Clothing 2 Adjusted Trial Balance 3 December 31, 2020 4 Current 5 Year 6 Account Title Debits Credits Change 7 Cash $49,000 $44,350 8 Accounts Receivable 12,400 (1,500) 9 Supplies 1.200 400 10 Prepaid Rent 10,000 1,000 49,500 9,600 12 Equipment 120,000 13 Accumulated Depreciation - Equipment $71.400 4,000 14 Long Term Investments 40,000 5.400 15 Accounts Payable 24,600 3,700 16 Deferred Revenue 7,800 (2,500) 17 Salaries Payable (4.150) 18 Interest Payable 400 400 19 Notes Payable due in 3 years 40,000 30,000) 20 Common Stock 60,000 36,200 21 Retained Earnings 14,800 22 Dividends 19,900 23 Sales Revenue 938,360 24 Interest Revenue 5,600 25 Cast of Goods Sold 540,600 26 Salaries Expense 175,260 -Beginning of year balance minus 27 Supplies Expense 8.500 end of the year balance. To be used 28 Rent Expense 120,000 for the Statement of Cash Flows. 29 Depreciation Expense 4,000 30 Interest Expense 3,500 31. Income Tax Expense 21,000 32 33 $1,173,960 $1,173,960 34 35 36 Adi Trial Balance Income Statement Statement of SHE Balance Sheet Statement of Cash Flows + File Home Insert Draw Page Layout Formulas Data Review View Help e Share Comments X Calibri 11 AA = ab Wrap Text Custom Paste BIU A Merge & Center + Insert Dalate Format $ % -23 Conditional Formatas Call Formatting Table Styles Styles >Autosum Z FIT Sort & Find & Clear Filter Sport Eriting Analyze Data Analysis Clipasand ly Font Alignment Number Cells 834 & E G H 1 L M N o P R A B 1 1 Dress Right Clothing 2 Statement of Cash Flow 3 3 For the Year Ended December 31, 2020 4 5 Operating Activities: 6 Net Income $0 7 Depreciation 8 Change in Accounts Receivable 9 Change in Supplies 10 Change in Prepaid Rent 11 Change in Inventory 12 Change in Accounts Payable 13 Change in Deferred Revenue 14 Change in Salaries Payable 15 Change in Interest Payable 16 Total Operating Activities 0 17 19 Investing Activities 19 Change in Investment 20 Total Investing Activities 0 21 22 Financing Activities 23 Change in Common Stock 24 Change in Notes Payable 25 Payment of Dividends 26 Total Financing Activities 0 27 22 Increase/Decrease) in Cash 0 29 Cash at the benning of the year 4,650 30 Cash at the end of the year $4,650 31 32 33 341 35 16 Adi Trial Balance Income Slalement Statement of SHE Balance Sheet Statement of Cash Flows (+
