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Go over the adjusted trial balance for Magnificent Landscaping Service. Identify which financial statement each account will go on: Balance Sheet, Statement of Retained Earnings,
Go over the adjusted trial balance for Magnificent Landscaping Service. Identify which financial statement each account will go on: Balance Sheet, Statement of Retained Earnings, or Income Statement.
MAGNIFICENT LANDSCAPING SERVICE Adjusted Trial Balance April 30, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Accounts Payable Salaries Payable Unearned Lawn Mowing Revenue Common Stock Dividends Lawn Mowing Revenue Gas Expense Advertising Expense Depreciation Expense: Equipment Supplies Expense Salaries Expense Debit $2,950 575 40 240 2,500 1,000 53 35 35 85 420 $7,933 Credit $ 35 28 420 100 5,000 2,350 $7,933
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