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MARIBEL PAZ PLACEMENT AGENCY Adjusted Trial Balance December 31, 2019 Accounts Debit Credit Cash 80,000 Accounts Receivable 28,500 Notes Receivable 6,500 Interest Receivable 130 Supplies
MARIBEL PAZ PLACEMENT AGENCY Adjusted Trial Balance December 31, 2019 Accounts Debit Credit Cash 80,000 Accounts Receivable 28,500 Notes Receivable 6,500 Interest Receivable 130 Supplies 1,000 Prepaid Insurance 625 Vehicle 365,000 47,500 25,000 Accumulated Depreciation-Vehicle Accounts Payable Notes Payable Unearned Placement Income 15,000 30,000 Maribel Paz, Capital 334,050 Maribel Paz, Drawing 35,000 350,000 Placement Income Interest income 2,630 Salaries Expense 168,000 76,500 Rent Expense Depreciation Expense - Vehicle 25,000 Gas & Oil Expense 11,500 Insurance Expense 3,125 Interest Expense 1,800 Supplies Expense 1,500 Total 804,180 804,180 Requirement: Prepare Income Statement, Statement of Owner's Equity and Statement of Financial Position
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