finish the accountant worksheet

answer the as well questions

1.

what is the book value of the equipemnt as of april 30

2.

did they make a profit or a loss and how much..

show calculations

creaf an income statement and balance sheet

Section - Complete the Accounting Cycle.: The adjusted trial balance columns of the work sheet are as follows: Laura's Patisserie and Chocolate Shop Work Sheet (partial) For the Month Ended April 30, 2008 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Cr. DE Dr. Cr Cash Dr. 14,856 7.840 2,280 23,050 4,921 5,700 5,972 57 30,000 3,960 Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Notes Payable Accounts Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense nterest Expense Totals t Income 3,650 , 13,590 S 10,036 1,760 671 57 64,200 64,200 Totals Heavy Box (Debit for Income statement and Credit for Balance sheet), insert the amount necessary that Debits and Credits on Income statement match and Debits and Credits on Balance sheet *** Note; totals of debits and credits for Income statement will be different but the balancing hould be the same. This amount is the Net Income (or Net Loss) for the period