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Need some help solving these exercise. S4-3 S4-3 Preparing a balance sheet (unclassified, account form) Refer to the data in Short Exercise S4-1. Prepare Dalton's
Need some help solving these exercise. S4-3
S4-3 Preparing a balance sheet (unclassified, account form) Refer to the data in Short Exercise S4-1. Prepare Dalton's unclassified balance sheet at December 31, 2018. Use the account form. S4-1 Preparing an income statement Dalton Hair Stylists's adjusted trial balance follows. Prepare Dalton's income statement for the year ended December 31, 2018. DALTON HAIR STYLISTS Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 1,300 Accounts Receivable 1,500 Office Supplies 1,800 Equipment 20,900 Accumulated Depreciation--Equipment $ 2,200 Accounts Payable 400 Interest Payable 500 Notes Payable 3,100 Common Stock 16,150 Dividends 1,400 Service Revenue 13,800 Rent Expense 3,900 Supplies Expense 850 Depreciation Expense-Equipment Interest Expense 2,300 Total $36,150 $36,150 2,200 Step by Step Solution
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