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For each scenario, calculate the net income/loss, identify if it is net income or loss, and finalize the totals for the income Statement and Balance

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For each scenario, calculate the net income/loss, identify if it is net income or loss, and finalize the totals for the income Statement and Balance Sheet columns. SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Debit Credit Debit Credit Debit Credit Debit Debit Credit Credit Names Total 59.100 59.100 8,500 8600 30,300 16,300 46.000 46,600 12,500 34,100 Total SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Debit Debit Credit Debit Credit Credit Credit Credit Debit Debit Names Total 52,500 16,300 52.500 12.500 34,100 9,200 9.200 46,000 46,600 30,300 Total

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