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Make a trial balance and income statement. Thank you! PROJECT Q Search in Document Home Insert Design Layout References Mailings Review View Acrobat + Share

Make a trial balance and income statement. Thank you!

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PROJECT Q Search in Document Home Insert Design Layout References Mailings Review View Acrobat "+ Share ~ Calibri (Body) * 12 A- A Aa A AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdEE Paste B I U abe X2 X2 A& A. Normal No Spacing Heading 1 Heading 2 Styles Create and Share Request Pane Adobe PDF Signatures 1 Date Transaction Journal Entry Jan 12, 2019 On Jan 12, Mr. Bernard Ragudo started B. Cash Ragudo Enterprise by investing $ 2,320,000. Mr. Bernard, Capital Cash Feb 22, 2019 Earned $ 582,000 and received 75% in cash. Accounts Receivable Revenue Purchased P 124,086 of Equipment with Equipment March 3, 2019 cash Cash B. Ragudo Enterprise calculates the Depreciation. Depreciation- Stall Depreciation April 10, 2019 Improvement # 227,200 for 5% and Accumulated Depreciation Depreciation-Office Equipment # 36,000 for 10%. B Ragudo Enterprise paid registration and Taxes and license May 6, 2019 licensing fees for the business, $ 52,400. Cash Paid their Communication, light and water in Utilities Expense June 11, 2019 advance for $ 11,400 Cash Salaries Expense July 3, 2019 Paid the employee salaries P15,000. Cash On June 13, the owner withdrew cash due to Mr. Bernard, Drawings Aug 15, 2019 an emergency need. Mr. Bernard withdrew Cash 26,000 from the company Cash Sept 3, 2019 Received P 1,520,000 from customers. Accounts Receivable Delivery Expense Oct 26, 2019 Paid their Fuel & Oil in advance for $ 8,600 Cash Insurance Expense Nov 15, 2019 Paid their Insurance in advance for # 1,890 Cash Supplies Expense Dec 28, 2019 Paid their Supplies in advance for # 2,200. Cash Page 3 of 10 490 words X English (Philippines) + 100%

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