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On the basis of the following data taken from the Adjusted ifrial Balance columns of the spreadsheet for Curtin Company for the year ending June
On the basis of the following data taken from the Adjusted ifrial Balance columns of the spreadsheet for Curtin Company for the year ending June 20 of the current year. Prepare an Income Statement Statement of Owner 's Equity, and "Classified" Balance Sheet for the company. During this year Daniel Barnes has invested 5 10.000 more in the business Account name Debit Credit Cash 301000 45,200 SUPPLIES 12,000 Equipment 169/000 Accumulated Depre Equipt 32.000 Ancounts Payable 12,500 Unearned Revenues 15,000 Daniel Barnes,Capital 71,600 Daniel Barnes Drawing 47.900 Fees Earned $10,000 Salary Expense 244.500 Rent Expense 56 000 Depreciation Experie 253000 Supplies Expense 9500 Miscellaneous Expense 2,000 Totals 341,100 1641, 100 5. Using the same information as above. prepare the closing entries for this company
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