HHEC HAPPY HOME Environmental Cleaning 1 2 3 4 5 6 A B C D E Task 4: After the adjusted trial balance is prepared, you tell Sophia that HHEC's financial statements for Year 1 can now be be prepared. You must use the adjusted trial balance to prepare HHEC's income statement, statement of owner's equity, and balance sheet. HHEC Adjusted Trial Balance December 31, Year 1 7 Cash 8 Accounts Receivable 9 Supplies 10 Preapid Insurance 11 Building 7,215 2,700 2,400 2,300 10,000 12 Accumulated Depreciation - Building 1,980 13 Office Equipment 1,800 14 Accumulated Depreciation - Office Equipment 15 Accounts Payable 50 1,850 16 Wages Payable 250 17 Unearned Revenue 18 Sisters, Capital 360 15,000 19 Sisters, Withdrawals 4,000 20 Clearning Revenues 19,160 21 Depreciation Expense - Office Equipment 50 22 Depreciation Expense - Building 1,980 23 Insurance Expense 100 24 Supplies Expense 400 25 Wages Expense 26 Utilities Expense 27 Miscellaneous Expense 28 Total 29 30 Answer: 4,525 985 195 38,650 38,650 31 32 33 HHEC Income Statement For the Year ended December 31, Year 1 34 35 36 37 Challenge 1-Task 4 + G H J K L M N P Q R S