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From this trial, produce an income statement, statement of retained earnings and a classified balance sheet. Sky Blue Corporation Adjusted Trial Balance December 31, 2016
From this trial, produce an income statement, statement of retained earnings and a classified balance sheet.
Sky Blue Corporation Adjusted Trial Balance December 31, 2016 Debit Credit Cash Accounts Receivable Prepaid Insurance Long Term Notes Receivable3,000 Equipment Accumulated Depreciation Accounts Payable Utilities Payable Wages Payable Income Taxes Payable Unearned Revenue Contributed Capital Retained Earnings Dividends Sales Revenue Rent Revenue Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Incomne Tax Expense 1,230 2,000 2,300 12,000 2,600 1,600 3,820 1,000 2,900 600 2,400 1,000 300 42,030 300 21,600 1,300 4,220 1,400 6,000 2,900 58,250 58,250Step by Step Solution
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