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Olympia Consulting Adjusted Trial Balance For the Year Ended April 30, 2015 Account Title Debit Credit Cash 27,500 Accounts Receivable 53,500 Supplies 1,200 Office Equipment
Olympia Consulting Adjusted Trial Balance | ||
For the Year Ended April 30, 2015 | ||
Account Title | Debit | Credit |
Cash | 27,500 | |
Accounts Receivable | 53,500 | |
Supplies | 1,200 | |
Office Equipment | 30,500 | |
Accumulated Depreciation | 5,250 | |
Accounts Payable | 3,300 | |
Salaries Payable | 450 | |
Capital Stock | 30,000 | |
Retained Earnings | 52,200 | |
Dividends | 2,000 | |
Fees Earned | 60,000 | |
Salary Expense | 32,450 | |
Supplies Expense | 1,800 | |
Depreciation Expense | 750 | |
Miscellaneous Expense | 1,500 | |
Total | 151,200 | 151,200 |
Based on the Adjusted Trial Balance,
1. Prepare an income statement
2. Retained earnings statement
3. Balance sheet for Olympia Consulting
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