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Please help with the Adjusted Trial Balance, Income Statement and Balance Sheet. I tried to complete some of the Adjusted Trial Balance, however it's not
Please help with the Adjusted Trial Balance, Income Statement and Balance Sheet. I tried to complete some of the Adjusted Trial Balance, however it's not balancing out so I know it's incorrect. Any help would be great - Thank you!
Income Statement Debit Credit Balance Sheet Debit Credit Account Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip 1212 Accum. Depr.-Office Equip 1311 Computer Equip 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Hudson Bloom, Capital 3300 Hudson Bloom. Withdrawals Unadjusted Trial Balance Debit Credit 57.853.00 0.00 1.235.00 0.00 6,312.00 0.00 6,000.00 0.00 705.00 0.00 2.101.00 0.00 0.00 0.00 212,610.00 0.00 0.00 0.00 125,000.00 0.00 0.00 0.00 24,000.00 0.00 0.00 1,545.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 134,100.00 0.00 106,750.00 0.00 182,321.00 1,900.00 0.00 Adjusting Entries Adjusted Trial Balance Debit Credit Debit Credit 0.00 0.00 57,853.00 5,125.000 0.00 6,360.00 0.00 263.00 6,049.00 0.00 2,000.00 4,000.00 0.00 413.00 292.00 0.00 0.00 2.101.00 0.00 19.65 19.65 0.00 0.00 212,610.00 0.00 3,543.50 3,543.50 0.00 0.00 125,000.00 0.00 310.85 310.85 0.00 0.00 24,000.00 0.00 0.00 1.545.00 0.00 0.00 0.00 1,496.70 1,496.00 0.00 546.00 546.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,900.00 5,125.00 22.525.00 4100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 5030 Advertising Expense 5040 Repairs & Maint. Expense 5050 Oil & Gas Expense 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 0.00 0.00 1,820.00 475.00 1,265.00 840.00 0.00 0.00 0.00 0.00 17,400.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,000.00 546.00 0.00 0.00 0.00 413.00 1,496.70 263.00 3,874.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,000.00 2,366.00 475.00 1,265.00 840.00 413.00 1,496.00 263.00 3,874.00 442.116.000 442,116.00 13,717.70 13.717.70 442,816.00 Total NET INCOME BalanceStep by Step Solution
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