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Please help. Salmon Company Work Sheet For the Year Ended December 31, Account Name Trial Balance Adjustments Adjusted Trial Bal. Income Statement Balance Sheet Debit
Please help.
Salmon Company | |||||||||||||
Work Sheet | |||||||||||||
For the Year Ended December 31, | |||||||||||||
Account Name | Trial Balance | Adjustments | Adjusted Trial Bal. | Income Statement | Balance Sheet | ||||||||
Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | Debit | Credit | ||||
Cash | 10 | $10 | $10 | ||||||||||
Acct. Receivable | 12 | 6 | 18 | 18 | |||||||||
Supplies | 8 | 3 | 5 | 5 | |||||||||
Equipment | 30 | 30 | 30 | ||||||||||
Accumulated Depr. Equipt. | 0 | 5 | $5 | $5 | |||||||||
Acct. Payable | 9 | 9 | 9 | ||||||||||
Salary Payable | 2 | 2 | 2 | ||||||||||
Unearned Revenue | 11 | 4 | 7 | 7 | |||||||||
Common Stock | 25 | 25 | 25 | ||||||||||
Retained Earnings | $20 | ||||||||||||
Dividends | 5 | 5 | |||||||||||
Revenue | 30 | 10 | 40 | $40 | |||||||||
Salary Expense | 7 | 2 | 9 | $9 | |||||||||
Utility Expense | 3 | 3 | 3 | ||||||||||
Supplies Expense | 3 | 3 | 3 | ||||||||||
Depreciation Expense | 5 | 5 | 5 | ||||||||||
co | |||||||||||||
Totals | 75 | 75 | 20 | 20 | $88 | 88 | 20 | $40 | $63 | 68 | |||
20 | $40 | $5 | |||||||||||
Additional Information: | Net Income=27 | $20 | |||||||||||
a) Supplies used, $3 | |||||||||||||
b) Depreciation on Equipment, $5 | |||||||||||||
c) Unearned revenue earned during the period, $4 | |||||||||||||
d) Accrued salaries expense, $2 | |||||||||||||
e) Accrued revenue, $6 |
Additonal Information
A) Supplies used $3
B) Depreciation on equipment $5
C) Unearned revenue earned during the period $4
D) Accrued salaries expense $2
E) Accrued Revenue $6
Instructions: Complete this worksheet
P.S allocated the additonal information into where i though it should be placed, but my income statement nor my balance sheet balance.
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