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Hey, I'm struggling on how to work this out, can someone help break this down for me? SARA'S LAUNDRY Adjusted Trial Balance April 30, 2015
Hey, I'm struggling on how to work this out, can someone help break this down for me?
SARA'S LAUNDRY Adjusted Trial Balance April 30, 2015 $5,400 325 11,125 Cash $ 1,170 Laundry supplies 1,930 Prepaid insurance 600 Laundry equipment 20,600 Accumulated amortization, laundry equipment Accounts payable Sara Vergara, capital Sara Vergara, withdrawals 4,800 Laundry services revenue Salaries expense 6,920 Rent expense 1,200 Utilities expense 950 Insurance expense 400 Totals $38,570 21,720 $38,570 Required: Use the above Adjusted Trial Balance to create Sara's Laundry's Income Statement, Statement of Changes in Owner's Equity and Balance SheetStep by Step Solution
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