FIX THE RED BOXES

Bridgeport Company Worksheet For the Year Ended December 31, 2022 Income Statement Balance Sheet Account No. Account Titles Dr. Cr. Dr. Cr. 101 Cash 8,900 112 Accounts Receivable 10,900 2,900 130 157 23,900 158 4,500 201 9,200 212 2,600 311 19,100 320 8,600 332 19,100 Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Dividends Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals Net Income 400 59,500 622 1,800 3,200 711 722 1,900 726 29,700 1,200 732 59,500 65,700 37,800 21,700 59,500 44,000 21,700 65,700 Totals 59,500 65,700 Retained Earnings No. 320 12/31 19100 1/1 Bal. 8600 12/31 21700 12/31 Bal. A 11200 Dividends No. 332 12/31 Bal. A 19100 12/31 19100 Income Summary No. 350 12/31 37800 12/31 37800 12/31 Bal. A Service Revenue No. 400 12/31 59500 12/31 59500 12/31 Bal. A Maintenance and Repairs Expense No. 622 12/31 1800 12/31 A 1800 12/31 Bal. A Depreciation Expense No. 711 12/31 3200 12/31 3200 12/31 Bal. A 0 Insurance Expense No. 722 12/31 . 1900 12/31 1900 12/31 Bal. 0 Salaries and Wages Expense No. 726 12/31 29700 12/31 29700 12/31 Bal. 0 Utilities Expense No. 732 12/31 4 1200 12/31 1200 12/31 Bal. 0 +