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MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. Account Debit Credit 101 Cash $ 27,300
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: No. Account Debit Credit 101 Cash $ 27,300 124 Shop supplies 1,450 128 Prepaid insurance 3,500 167 Equipment 84,500 168 Accumulated depreciation, equipment $ 6,800 201 Accounts payable 18,300 210 Wages payable 301 Mike Yang, capital 8,160 133,000 302 Mike Yang, withdrawals 32,500 401 Repair revenue 151,330 612 Depreciation expense, equipment 7,800 623 Wages expense 103,800 637 Insurance expense 1,550 640 Rent expense 48,850 650 Office supplies expense 4,100 690 Utilities expense 2,240 Totals $317,590 $317,590 There were no investments by the owner during the year. Prepare an income statement for the year ended December 31, 2023. Revenues: Operating expenses: MY AUTOBODY Income Statement For Year Ended December 31, 2023 Total operating expenses Prepare 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 late submissions) Prepare a balance sheet at December 31, 2023. Current assets: Total current assets Property, plant and equipment: Total assets Current liabilities. Total current liabilities Total liabilities and equity MY AUTOBODY Balance Sheet December 31, 2023 Assets Liabilities Equity Saved
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