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Income Statement: Prepare the income statement using the adjusted trial balance Statement of Owners Equity: Prepare the statement of owners equity using the adjusted trial
- Income Statement: Prepare the income statement using the adjusted trial balance
- Statement of Owners Equity: Prepare the statement of owners equity using the adjusted trial balance.
- Balance Sheet Assets: Prepare the balance sheet asset entries using the adjusted trial balance.
- Balance Sheet Liabilities: Prepare the balance sheet liabilities entries using the adjusted trial balance.
- Closing Entries: Complete the Closing Entries tab of the company accounting workbook by closing all temporary income statement amounts to create closing entries.
A Company Balance Sheet As of June 30,20XX Assets Current Assets: \begin{tabular}{|l|c|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Total Current Assets & - \\ \hline \end{tabular} Total Current Assets Non-Current Assets: Total Non Current/Fixed Assets Total Assets: Liabilities and Owners' Equity Current Liabilities: \begin{tabular}{|l|c|} \hline & \\ \hline & \\ \hline Total Current Liabilities & - \\ \hline Long Term Liabilities: & \\ \hline Total Long Term Liabilities: & - \\ \hline \multicolumn{2}{|l|}{} \\ \hline Total Liabilities: & - \\ \hline \end{tabular} Owner's Equity Total Equity \begin{tabular}{|l|l|} \hline Total Liabilities \& Equity & - \end{tabular}
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