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Prepare an Income Statement, Statement of Owner's Equity and balance Sheet from the adjusted trial balance for the year ended 12/31/2020. Jonas Company hint:total assets
Prepare an Income Statement, Statement of Owner's Equity and balance Sheet from the adjusted trial balance for the year ended 12/31/2020. Jonas Company
hint:total assets should be $70,400
Credit 15,300 1,200 Jonas Company Trial Balance 31-Dec-20 Account Title Debit Accounts Payable Accounts Receivable 5,000 Accumulated Deprec. - Truck Cash 30,000 Deprec. Expense - Truck 200 Fees Earned Hunter Hodson, Capital Hunter Hodson, Drawing 8.000 Insurance Expense 1.200 Misc. Expense 200 Prepaid Insurance 2.400 Supplies 2,200 Supplies Expense 150 Truck 32.000 Utilities Expense 150 Wages Expense 4,600 Wages Payable 86.100 20,000 45,000 4,600 86,100Step by Step Solution
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