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Linda Champion started Vision Consulting Inc. on September 1, 2014. The adjusted trial balance shown below has been prepared for Vision Consulting Inc as of
Linda Champion started Vision Consulting Inc. on September 1, 2014. The adjusted trial balance shown below has been prepared for Vision Consulting Inc as of September 30, 2014. Use this information to prepare the Statement of Changes in Equity as of September 30 and enter the Total Equity below. Vision Consulting Inc. Adjusled Trial Balance September 30, 2014 Accounts receivable Accumulated depreciation, automobiles Accumulated depreciation, boats Automobiles Boats Consulting revenue earned Depreciation expense, automobiles Depreciation expense, boats Dividends Interest earned Interest expense Interest payable Interest receivable Property taxes expense Property taxes payable Rent earned Rent receivable Share capital Unearned consulting revenue Totals Debit Credit 103,500 11,500 14.000 74,000 36,500 45,000 11,500 14.000 11,000 19.000 18,000 19.000 13,500 65,500 21.000 112.000 32.000 111 500 379,500 379,500 W
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