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Please help me prepare the adjusted trial balance, income statement, statement of owner's equity, balance sheet, and closing journal entries, using the information above. 6
Please help me prepare the adjusted trial balance, income statement, statement of owner's equity, balance sheet, and closing journal entries, using the information above.
6 Unadjusted Trial Balance 7 8 9 22,000 12,000 3,600 1,100 80,000 150,000 Cash Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation building Accounts Payable Wages Payable Unearned revenue Notes Payable Capital Drawing Service fees earned Supplies (e) Insurance Wages Telephone Depreciation Miscellaneous TOTALS 36,000 37,000 8,000 12,000 45,000 74,000 13,000 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 185,800 2,400 800 34,000 9,200 66,000 3.700 397,800 397,800 Prepare the adjusting entries for the following transactions 1. There were unbilled customers for services previosly performed, $22,000. 2. Services revenue previously unearned was earned during the period in the amount of $2,000. 3. Wages payable were $9,000. 4. Supplies used during the month were $500. 5. Depreciation during the period on the building was $18,000. 6. Insurance expired during the period was $900. 45 46 47 18 40 Prepare the adjusted trial balance, Income statement, statement of owner's equity, balance sheet and closing Journal entries, using the Information aboveStep by Step Solution
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