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NetSolutions Unadjusted Trial Balance December 31, 2007 Credit Balances Debit Balances 2 0 6 500 22 20 00 200000 240000 200 00 00 18 00

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NetSolutions Unadjusted Trial Balance December 31, 2007 Credit Balances Debit Balances 2 0 6 500 22 20 00 200000 240000 200 00 00 18 00 00 Cash Accounts Receivable Supplies Prepaid Insurance Land Office Equipment Accounts Payable Unearned Rent Chris Clark, Capital Chris Clark, Drawing Fees Earned Wages Expense Rent Expense Utilities Expense Supplies Expense Miscellaneous Expense 90000 3 6 000 25 0 0 0 00 400 000 163 40 00 427 500 160000 985 00 80 000 45 5 00 426 00 00 426 00 00 Prepare an income statement and a balance sheet of Net Solutions Inc. from the above trial balance

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