Hercules Poirot began operations as a private investigator on January 1, 2017 The trial balance columns of the worksheet for Hercules Poirot, P I , SA at March 31 are as follows HERCULES POIROT, P I , SA Worksheet For the Quarter Ended March 31, 2017 Trial Balance Account Titles Dr Cr Cash 11,410 Accounts Receivable 5,920 Supplies 1,250 Prepaid Insurance 2,400 Equipment 15,000 Notes Payable 10,000 Accounts Payable 7,350 Share CapitalOrdinary 14,000 Dividends 600 Service Revenue 10,200 Salaries and Wages Expense 2,240 Travel Expense 1,300 Rent Expense 1,200 Miscellaneous Expense 230 41,550 41,550 Other data 1 Supplies on hand total 500 2 Depreciation is 680 per quarter 3 Interest accrued on 6 month note payable, issued January 1, 300 4 Insurance expires at the rate of 200 per month 5 Services performed but unbilled at March 31 total 1,080 Instructions (a) Enter the trial balance on a worksheet and complete the worksheet (b) Prepare an income statement and a retained earnings statement for the quarter and a classifi ed statement of fi nancial position at March 31 P4 1A Hercules Poirot began operations as a private investigator on January 1, 2017 The trial balance columns of the worksheet for Hercules Poirot, P I , SA at March 31 are as follows HERCULES POIROT, P I , SA Worksheet For the Quarter Ended March 31, 2017 Trial Balance Account Titles Dr Cash 11,410 Accounts Receivable 5,920 Supplies 1,250 Prepaid Insurance 2,400 Equipment 15,000 Notes Payable 10,000 Accounts Payable 7,350 Share Capital Ordinary 14,000 Dividends 600 Service Revenue 10,200 Salaries and Wages Expense 2,240 Travel Expense 1,300 Rent Expense 1,200 Miscellaneous Expense 41,550 Other data 1 Supplies on hand total 500 2 Depreciation is 680 per quarter 3 Interest accrued on 6 month note payable, issued January 1, 300 4 Insurance expires at the rate of 200 per month 5 Services performed but unbilled at March 31 total 1,080 Instructions (a) Enter the trial balance on a worksheet and complete the worksheet (b) Prepare an income statement and a retained earnings statement for the quarter and a classified statement of financial position at March 31 230 41,550

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Hercules Poirot began operations as a private investigator on January 1, 2017. The trial balance columns of the worksheet for Hercules Poirot, P.I., SA at

Hercules Poirot began operations as a private investigator on January 1, 2017. The trial balance columns of the worksheet for Hercules Poirot, P.I., SA at March 31 are as follows HERCULES POIROT, P.I., SA Worksheet For the Quarter Ended March 31, 2017 Trial Balance Account Titles Dr. Cr. Cash 11,410 Accounts Receivable 5,920 Supplies 1,250 Prepaid Insurance 2,400 Equipment 15,000 Notes Payable 10,000 Accounts Payable 7,350 Share CapitalOrdinary 14,000 Dividends 600 Service Revenue 10,200 Salaries and Wages Expense 2,240 Travel Expense 1,300 Rent Expense 1,200 Miscellaneous Expense 230 41,550 41,550 Other data: 1. Supplies on hand total 500. 2. Depreciation is 680 per quarter. 3. Interest accrued on 6-month note payable, issued January 1, 300. 4. Insurance expires at the rate of 200 per month. 5. Services performed but unbilled at March 31 total 1,080. Instructions

(a) Enter the trial balance on a worksheet and complete the worksheet.

(b) Prepare an income statement and a retained earnings statement for the quarter and a classifi ed statement of fi nancial position at March 31.

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P4-1A Hercules Poirot began operations as a private investigator on January 1, 2017. The trial balance columns of the worksheet for Hercules Poirot, P.I., SA at March 31 are as follows. HERCULES POIROT, P.I., SA Worksheet For the Quarter Ended March 31, 2017 Trial Balance Account Titles Dr. Cash 11,410 Accounts Receivable 5,920 Supplies 1,250 Prepaid Insurance 2,400 Equipment 15,000 Notes Payable 10,000 Accounts Payable 7,350 Share Capital-Ordinary 14,000 Dividends 600 Service Revenue 10,200 Salaries and Wages Expense 2,240 Travel Expense 1,300 Rent Expense 1,200 Miscellaneous Expense 41,550 Other data: 1. Supplies on hand total 500. 2. Depreciation is 680 per quarter. 3. Interest accrued on 6-month note payable, issued January 1, 300. 4. Insurance expires at the rate of 200 per month. 5. Services performed but unbilled at March 31 total 1,080. Instructions (a) Enter the trial balance on a worksheet and complete the worksheet. (b) Prepare an income statement and a retained earnings statement for the quarter and a classified statement of financial position at March 31. 230 41,550