Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please do the journal, income statement and balance sheet THANK YOU!:) 75 Beginning Balances Problem 1 CCC4 Natalie had a very busy December. At the
please do the journal, income statement and balance sheet THANK YOU!:)
75 Beginning Balances Problem 1 CCC4 Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. COOKIE CREATIONS Adjusted Trial Balance December 31, 2013 Debit Credit Cash $1,180 Accounts Receivable 875 Supplies 350 Prepaid Insurance 1.210 Equipment 1,200 Accumulated Depreciation Equipment $ 40 Accounts Payable Salaries and Wages Payable 56 Interest Payable 15 Unearned Service Revenue 300 Notes Payable 2,000 Owner's Capital 800 Owner's Drawings 500 Service Revenue 4,515 Salaries and Wages Expense 1,006 Utilities Expense 125 Advertising Expense 165 Supplies Expense 1,025 Depreciation Expense 40 Insurance Expense 110 Interest Expense 15 $7,801 Instructions $7,801 Enter the following balances in QuickBooks after you create the company, preferences, customer, vender, and accounts with beg. Balances. Submit a) Adjusted Trial Balance b) Income Statement c) Balance Sheet 75 Beginning Balances Problem 1 CCC4 Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. COOKIE CREATIONS Adjusted Trial Balance December 31, 2013 Debit Credit Cash $1,180 Accounts Receivable 875 Supplies 350 Prepaid Insurance 1.210 Equipment 1,200 Accumulated Depreciation Equipment $ 40 Accounts Payable Salaries and Wages Payable 56 Interest Payable 15 Unearned Service Revenue 300 Notes Payable 2,000 Owner's Capital 800 Owner's Drawings 500 Service Revenue 4,515 Salaries and Wages Expense 1,006 Utilities Expense 125 Advertising Expense 165 Supplies Expense 1,025 Depreciation Expense 40 Insurance Expense 110 Interest Expense 15 $7,801 Instructions $7,801 Enter the following balances in QuickBooks after you create the company, preferences, customer, vender, and accounts with beg. Balances. Submit a) Adjusted Trial Balance b) Income Statement c) Balance Sheet Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started