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if someone could help me, i would really appreciate it! Thank you! MY Autobody's adjusted trial balance on December 31, 2023, appears in the work
if someone could help me, i would really appreciate it! Thank you!
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. Account Debit Credit 191 Cash $ 28, 208 124 Shop supplies 1,909 128 Prepaid insurance 167 Equipment 89, 990 168 Accumulated depreciation, equipment $ 7,789 291 Accounts payable 19, 289 210 Wages payable 9,969 391 Mike Yang, capital 142,989 302 Mike Yang, withdrawals 37,998 491 Repair revenue 159,439 612 Depreciation expense, equipment 8, 709 623 Wages expense 194,798 637 Insurance expense 2,090 648 Rent expense 53, 350 658 Office supplies expense 5,090 698 Utilities expense 3,148 Totals $337, 390 $337,390 There were no investments by the owner during the year. Prepare an income statement for the year ended December 31. 2023. MY AUTOBODY Income Statement For Year Ended December 31, 2023 Revenues: Operating expenses Total operating expensesPrepare a statement of changes inequity for the year ended December 31, 2023. MY AUTOBODY Statement of Changes in Equity For Year Ended December 31, 2023 Mike Yang, capital, January 1 Mike Yang, capital, December 31 Prepare a balance sheet at December 31. 2023. MY AUTOBODY Balance Sheet December 31, 2023 Assets Current assets: Total current assets Property, plant and equipment: Total assets Liabilities Current liabilities: Total current liabilities Equity Total liabilities and equityStep by Step Solution
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