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part A of this question was answered. I did not realize there were two more parts. B & C need to be answered. 1.8775.6 =
part A of this question was answered. I did not realize there were two more parts. B & C need to be answered.
1.8775.6 = !! Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress The adjusted trial balance for Wildhorse Company is shown below. WILDHORSE COMPANY Trial Balance August 31, 2020 Before Adjustment After Adjustment Cr. Dr. Dr. Cr. $10.100 $10,100 Cash 9,800 8.800 Accounts Receivable 600 2.500 2,700 Supplies Prepaid Insurance 3,700 14,900 14,900 Equipment ORA here to search lp Question 5 of 5 Equipment 1.87/5.6 14,900 14,900 Accumulated Depreciation-Equipment $ 3,700 $4,600 Accounts Payable 5,700 5,700 Salaries and Wages Payable 0 1,500 Unearned Rent Revenue 1,400 800 Owner's Capital 15,900 15.900 Service Revenue 34,100 35.100 Rent Revenue 10,900 11.500 Salaries and Wages Expense 16,900 18,400 Supplies Expense 0 1.900 Rent Expense 14,800 14,800 Insurance Expense 0 1,000 Depreciation Expense 0 900 $71.700 $71.700 $75,100 $75,100 earch ORIX uestion 5 of 5 > Depreciation Expense 1.87/5.6 10! 900 $71,700 $71,700 $75.100 $75,100 (a) Your answer is correct. Prepare the income statement for the year. WILDHORSE COMPANY Income Statement For the Year Ended August 31, 2020 Revenues Service Rouen ORI g rch hp Question 5 of 5 1.87/5.6 WILDHORSE COMPANY Income Statement For the Year Ended August 31, 2020 Revenues Service Revenue 35,100 Rent Revenue 11.500 Total Revenues 46600 Expenses Salaries and Wages Expense $ 18.400 Supplies Expense 1.900 14,800 Rent Expense o O RA g search ) on 5 of 5 1.87/5.6 III Rent Expense 14,800 i Insurance Expense 1,000 i Depreciation Expense 900 i Total Expenses 37,000 i Net Income /(Loss) 9.600 e Textbook and Media List of Accounts Attempts: 1 of 3 used b) O Question 5 of 5 1.87/5.6 (b) Prepare the owner's equity statement for the year. WILDHORSE COMPANY Owner's Equity Statement e Textbook and Media List of Accounts o g search Question 5 of 5 1.87/5.6 ill Prepare the balance sheet at August 31. (List Assets in order of liquidity) WILDHORSE COMPANY Balance Sheet Assets 2 73 o i 9 Search hip mework: Chapter 3 Question 5 of 5 1.87/5.6 ill $ Liabilities and Owner's Equity 73F AD o g O Search (hp Week 3 - Homework: Chapter 3 -2752-4ebec 690TUS Question 5 of 5 1.87/5.6 ill Liabilities and Owner's Equity $ 737 D G ort e here to search Step by Step Solution
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