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NEED HELP WITH THE TRIAL BALANCE AND INCOME STATEMENT. Principles of Accounting Comprehensive Problem Adeniyi Flooring November 2018 Trial Balance DR Accounts Reccivable 303,000 Allowance

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Principles of Accounting Comprehensive Problem Adeniyi Flooring November 2018 Trial Balance DR Accounts Reccivable 303,000 Allowance for Bad Debts 25,000 Accumulated Depreciation-Building Accumulated Depreciation- Equipment 45,600 Building Cash 458,000 125,000 167,230 24,000 60,000 251,000 251,000 Equipment Goodwill Patents Merchandise Inventory Land Long-Term Investments Prepaid Insurance Office Supplies Accounts Payable Notes Payable Unearned Revenue 5,800 6,300 184,300 50,000 840,000 40,000 Common Stock ($5Par) Paid-in Capital in Excess of Par Value Dividends Retained Earnings Sales Sales Returns& Allowances 295,730 829,720 10,000 Sales Discounts Amortization Expense Bad Debt Expense 200 531,350 Cost of Goods Sold Depreciation Expense- Building 5,600 6,000 1,670 Depreciation Expense- Euipment Interest Expense Insurance Expense Entertainment Expense Postage Expense Miscellaneous Expense 67,400 Rent Expense Office Supplies Expense Utility Expense Wages & Salaries Expense 11,000 94,800 Totals 89,350

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