Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i Mpt) Gunde Weds provides ging into accadetes The compartimenting on a monthly basis, whereas closing pwed mully at December 31 An sed trial balance
i Mpt) Gunde Weds provides ging into accadetes The compartimenting on a monthly basis, whereas closing pwed mully at December 31 An sed trial balance and December 31, 2011, GARDEN WIZARDS ADJUSTED TRIAL BALANCE DECEMBER 31, 2018 300 8.700 Cash Accounts receivable Unexpired Prepaid peat Supplies Truck Accumulated Depreciation Trucks oha Accumulated depreciati: Office 1,400 140.000 575.000 25,000 14,000 Aerents payable Notes payable Salaries Payable Interest payable Income heard service 2000 38000 900 300 1,700 payable 2,000 18.000 21.000 3.300 194.000 Capital stock Ratinderi Dividendo Service Reve earned Irance expense Office real expense Sapplies espere Salas spense 1.500 235.000 1600 16,000 4,000 Depreciation cap Trucks Depreciation expenses Office equipment Repair & Saint espe 5,300 Fuel spese cepe Latere expense Lacometasespese Total 2,700 35800 9,000 367.100 5 367.100 Instruction 2. Prepare an income statement and a statement of retained canings for the year ended December 31, 2018. Also prepare the company's balance sheet dated December 31, 2018 b. Prepare the necessary year and closing c. Prepare ante los trial balance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started