gy.com/assignment/2675685849/assessment The following are selected accounts and their balances after adjustments at May 31, 2015, the end of Mark's Furniture Refinishing's fiscal year. Mark's Furniture Refinishing Trial Balance December 31, 2015 Debit Credit Cash $ 20,000 Accounts receivable 5,000 Refinishing supplies 16,000 Tools 65,000 Accumulated depreciation tools $ 12,000 Accounts payable 4,000 Mark Madman, capital 4.000 Mark Madman, withdrawals 1.000 Fees eamed 100,000 Wages expense 5,000 Supplies expense 500 Depreciation expense 3.000 Utilities expense Rental expense 4.000 Total $ 120.000 $ 120,000 500 Column A Column B a 54,000 Income Statement (Net Income) Time left for this assessment 2 Change in Equity 6.594,000 95:26 2 Total Liabilities C. 587,000 earch o hp ortsc 96 20 4 5 6 7 8 9 O 1 y.com/assignment/2675685849/assessment Accounts payable Mark Madman, capital Mark Madman, withdrawals Fees earned Wages expense Supplies expense Depreciation expense Utilities expense Rental expense Total 4,000 4,000 1,000 100,000 5,000 500 3,000 500 4,000 $ 120,000 $ 120,000 Column A Column B Income Statement (Net Income) a. $4,000 1. 2. Change in Equity b. $ 94,000 3. Total Liabilities c. 587,000 d. $ 90,000 4. Total Assets Next Page Once you click Next Page you will not be able to change your answer rch hp