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i need help using the Adjusted Trial Balance, complete the Income Statement, Statement of Owner's Equity, and Balance Sheet. I have to enter decreases with
i need help using the Adjusted Trial Balance, complete the Income Statement, Statement of Owner's Equity, and Balance Sheet. I have to enter decreases with minus sign or use parentheses.
SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Debit Credit Account Title Cash 19,000 Accounts Receivable 10,500 Office Supplies 200 Prepaid Rent 12,600 Furniture 22,200 Accumulated Depreciation--Furniture 7,600 Accounts Payable 2,500 Salaries Payable 600 Interest Payable 300 Unearned Revenue 6,300 Notes Payable 8,800 Bright, Capital 25,100 Bright, Withdrawals 32,200 Service Revenue 57,500 Depreciation Expense--Furniture 2,500 Interest Expense 300 Rent Expense 3,800 Salaries Expense 4,400 Supplies Expense 1,000 Total 108,700 108,700 Revenue: Expenses: Total Expenses Net Income Assets Liabilities Total Liabilities Owner's Equity Total Assets Total Liabilities and Owners' Equity
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