Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please HELP!! Can you fix the total of the unadjusted trial balance and complete the worksheet? And prepare an income statement and balance sheet. Ms.
Please HELP!!
Can you fix the total of the unadjusted trial balance and complete the worksheet?
And prepare an income statement and balance sheet.
Ms. Nicole Coffeur. Name: Teenage Style Bag. Hair and Beauty Salon Unadjusted TrialBalance Adjustments Adjusted Trial Balance Income Statement Balance Sheet CR DR CR DR CR DR CR DR CR DR 12,289 22,321 2,826 3,859 1,392 31,025 1413 965 912 718 15,387 338 8,238 231 373 1 2 3 4 5 6 Accounts Title 7 Cash at Bank 8 Accounts Receivable 9 Prepaid Insurance 10 Prepaid Rent 11 Hair Styling Supplies 12 Motor Vehicle 13 Acc.Depreciation- Motor Vehicle 14 Hair Styling Equipment 15 Acc-Depreciation- Equipment 16 Accounts Payable 17 Interest Payable 18 Wages Payable 19 Bank Loan 20 Capital 21 Drawings 22 Hair Styling Service Revenue 23 Manicure Service Revenue 24 Facial Service Revenue 25 Advertising Expense 26 Sundry Expense 27 Wages Expense 28 Motor Vehicle Expense 29 Interest Expense 30 Depreciation Expense 31 Insurance Expense 32 Rent Expense 33 Supplies Expense 34 35 Total 36 37 25,142 50,121 986 6,085 4,323 4,694 2,142 538 5,228 574 373 231 1,056 1413 965 912 98,567 98,603 4,950 4,950Step 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