Financial Statement Homework #1 Insert Unadjusted Trial Balance HERE: Graves Company Name Unadjusted Trial Balance December...
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Financial Statement Homework #1 Insert Unadjusted Trial Balance HERE: Graves Company Name Unadjusted Trial Balance December 31, 2018 Cash 116,000 Accounts Receivable 30,000 Supplies 6,000 Prepaid Insurance 18,000 Inventory 110,600 Vehicle 15,000 Equipment 75,000 Accumulated Depreciation 40,000 Accounts Payable 9,000 Unearned Revenue 13,500 Wages Payable 11,500 Long-Term Notes Payable 48,000 Common Stock 41,000 Retained Earnings (1/1/2018) 37,600 Dividends 5,000 Service Revenue 472,000 Repair Expense 14,000 Delivery Expense 38,000 Depreciation Expense 15,000 Rent Expense 38,000 Insurance Expense 9,000 Wages Expense 141,000 Supplies Expense 8,000 Interest Expense 2,000 Income Tax Expense 32,000 Total 672,600 672,600 Financial Statement Homework #1 Insert Unadjusted Trial Balance HERE: Graves Company Name Unadjusted Trial Balance December 31, 2018 Cash 116,000 Accounts Receivable 30,000 Supplies 6,000 Prepaid Insurance 18,000 Inventory 110,600 Vehicle 15,000 Equipment 75,000 Accumulated Depreciation 40,000 Accounts Payable 9,000 Unearned Revenue 13,500 Wages Payable 11,500 Long-Term Notes Payable 48,000 Common Stock 41,000 Retained Earnings (1/1/2018) 37,600 Dividends 5,000 Service Revenue 472,000 Repair Expense 14,000 Delivery Expense 38,000 Depreciation Expense 15,000 Rent Expense 38,000 Insurance Expense 9,000 Wages Expense 141,000 Supplies Expense 8,000 Interest Expense 2,000 Income Tax Expense 32,000 Total 672,600 672,600
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