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Please help me with this, thank you! Exercises 8 (15pts) A partially completed work sheet is shown below. The unadjusted trial balance columns are complete.
Please help me with this, thank you!
Exercises 8 (15pts) A partially completed work sheet is shown below. The unadjusted trial balance columns are complete. Complete the adjustments, adjusted trial balance, income statement, and balance sheet and statement of owner's equity columns Platen Company Work Sheet For the year ended December 31 Income Statement Adjusted Trial Adjustments Balance Debit Credit Debit Credit Balance Sheet and Statement of Owner's Equity Debit Credit Debit Credit 8 340 57 Account Unadjusted Trial Balance Debit Credit Cash ........................ 40 Accounts receivable. Prepaid insurance 25 Supplies. 14 Office equipment 340 Accum. Depr., Office equipment ......... 45 Accounts payable. 57 Rent payable. C. Platen, Capital 132 C. Platen, Withdrawals 35 Fees eamed................... 300 Rent expense 60 Utilities expense 20 Insurance expense..... Supplies expense. Deprec. exp., Office equipment Totals 534 534 Net income 132 35 380 90 10 45 TotalsStep by Step Solution
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