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Prepare financial statements for Clip'em Cliff for the year ended August 31, 2019 ACCOUNT DEBIT CREDIT Cash 35275 Accounts receivable 2500 interest receivable 350 supplies

Prepare financial statements for Clip'em Cliff for the year ended August 31, 2019

ACCOUNT DEBIT CREDIT
Cash 35275
Accounts receivable 2500
interest receivable 350
supplies 250
equipment 45000
Accumulated Depreciation equipment 2500
Accounts payable 5500
Unearned revenue 2100
income tax payable 3400
common stock 70,000
dividends 150
interest revenue 350
service revenue 10300
supplies expense 50
depreciation expense equipment 2500
income tax expense 3400
salaries expense 4600
utility expense 75
Total $94150 $94,150

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