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Prepare an income statement, a statement of retained earnings, and a balance sheet. Thank you. F1WORK Service Company Worksheet Income Statement Dr. Cr. Account Title
Prepare an income statement, a statement of retained earnings, and a balance sheet. Thank you.
F1WORK Service Company Worksheet Income Statement Dr. Cr. Account Title Cash Cleaning supplies Prepaid insurance Equipment Accumulated depr. Accounts payable Common stock Retained earnings Dividends Revenue Rent expense Wages expense Utilities expense Misc. expense Trial Balance Dr. Cr. 13.200 22,000 5,400 206,000 74.100 8,500 60,000 31,200 27,000 171,560 28,500 39,720 2,130 1.410 345,360 345,360 Wikki Cleaners Work Sheet For Year Ended December 31, 2012 Adjustments Adj. T/Balance Dr. Cr. Dr. Cr. 13,200 18,750 3,250 3,600 1,800 206,000 21,600 95,700 8,500 60,000 31,200 27,000 171,560 28,500 1,830 41,550 0 2,130 0 1,410 0 Balance Sheet Dr. Cr. 13,200 3,250 1,800 206,000 95,700 8,500 60,000 31,200 27,000 171,560 28,500 41,550 2,130 1,410 Supplies expense Insurance expense Depreciation exp. Wages payable 18,750 3,600 21,600 18,750 3,600 21,600 0 0 0 1.830 368,790 18,750 3,600 21,600 1,830 45,780 45,780 368,790 Net income 1,830 197,230 54,020 251,250 117,540 171,560 54,0201 171,560 171,560 | 171.920 M430 251,250 197,830 251,250 0 251,250
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