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Please help. I have done myself but want to check work. Part II Hanson Storage adjusted trial balance as of December 31 of the current
Please help. I have done myself but want to check work.
Part II Hanson Storage adjusted trial balance as of December 31 of the current year follows. HANSON STORAGE Adjusted Trial Balance December 31, 200- ui . Cash Accounts Receivable Pre aid Insurance Office Su lies Office ui ment Accum De r. Office E Buildin s Accum. De r. Buildin Land Wa es Pa able Pro e Taxes Pa able Interest Pa able Unearned Rent s Lon -term Notes Pa able M. Hanson, Ca ital M. Hanson, Withdrawals Rent Earned Wa es Ex nse Utilities Ex ense Taxes Ex nse Pro Insurance Ex nse Office Su lies Ex nse De r. Ex . Office ui De r. Ex . Buildin s Interest Ex nse Totals 3,050 400 830 80 4,200 98,000 115,000 21 ,ooo 25,000 1 ,900 2,400 800 250 400 5,570 3,000 281,880 1,100 28,000 880 19400 2,200 150,000 40,340 57,500 281,880 l. Prepare an income statement from the adjusted trial balance of Hanson Storage. 2. Prepare a statement of owner's equity from the adjusted trial balance of Hanson Storage. Ms. Hanson's capital account balance of $40,340 consists ofa 30,340 beginning-year balance plus a $ 10,000 investment during the current year. 3. Prepare a classified balance sheet from the adjusted trial balance of Hanson Storage.
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