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Please help me complete the statement of shareholders equity. Attached below is the adjusted trial balances: Prepare an adjusted trial balance in proper format. Account
Please help me complete the statement of shareholders equity. Attached below is the adjusted trial balances:
Prepare an adjusted trial balance in proper format. | ||
Account Title | Debits | Credits |
Cash | $97,318.00 | |
Accounts Receivable | $22,000.00 | |
Inventory | $26,500.00 | |
Prepaid Rent | $3,500.00 | |
Notes Receivable | $20,000.00 | |
Equipment | $15,000.00 | |
Office Supplies | $850.00 | |
Utilities Expense | $1,500.00 | |
Accumulated Depreciation-Equipment | $167.00 | |
Accounts Payable | $35,850.00 | |
Notes Payable | $25,000.00 | |
Utilities Payable | $1,500.00 | |
Payroll Taxes | $1,618.00 | |
Interest Payable | $21.00 | |
Income Tax Payable | $5,842.31 | |
Common Stock | $100,000.00 | |
Unearned Sales Revenue | $2,200.00 | |
Dividends | $1,000.00 | |
Sales Revenue | $57,000.00 | |
Cost of Goods Sold | $28,500.00 | |
Salaries Expense | $3,500.00 | |
Rent Expense | $3,500.00 | |
Depreciation Expense | $167.00 | |
Interest Expense | $21.00 | |
Income Tax Expense | $5,842.31 | |
$229,198.31 | $229,198.31 | |
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