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 Share Comments X 11 Calibri 4 A A === I Date TX 4 2 Wrap Text Merge & Center Autosum Fil Clear Paste BT O-A $ % 8 % Conditional Format as Cell Formatting Table Styles Styles nsert Delete Format w Sort & lind & Filter Select Analyze Date Analysis Clipboard Funi Alignment Nurnber Cells Eriting A1 > =@ Ad Trial Balance A1:1 A D G H 1 J K L M N B C Dress ilght Clothing Balance Sheet December 31, 2020 1 2 3 4 5 6 7 Current Assels: 8 9 10 11 Assets Liabilities Current Liabilities: Total Current Liabilities Long Term Liabilities: Total Long Term Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity 12 13 Tatal Current Assets 14 Long Term Assets 15 16 17 18 Total Long Term Assets 19 20 21 22 23 24 25 Total Assets 28 27 28 29 30 31 32 33 34 35 26 Adi Trial Balance Total Liabilities & Stockholders' Equity Income Statement Statement of SHE Balance Sheet Statement of Cash Flows (+)