Question
My HouseCleaning Business Trial Balance December 31, 20X2 Debit Credit Cash Accounts Receivable Cleaning Supplies on hand Equipment $2,000 2,000 450 4,300 Accumulated Depreciation
My HouseCleaning Business Trial Balance December 31, 20X2 Debit Credit Cash Accounts Receivable Cleaning Supplies on hand Equipment $2,000 2,000 450 4,300 Accumulated Depreciation - Equipment $1,610 Accounts Payable Equipment Loan Payable 20 1,500 Common Stock Retained Earnings 500 150 Service Revenue 24,000 Worker wages 14,075 Cleaning supplies expense 2,685 Gas expense 875 Business taxes and insurance 525 Depreciation expense 770 Interest expense 100 $27,780 $27,780 Based on the above trial balance, calculate the totals for: Total assets at 12/31/X2 $ Total liabilities at 12/31/X2 $ Total equity at 12/31/X2 $ Net income for the year ended 12/31/X2 $
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