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Prepare in good order a Trial Balance. Make sure Debits equal Credits Using the T/B prepared at 1 prepare a linked Balance Sheet and Income

  1. Prepare in good order a Trial Balance. Make sure Debits equal Credits
  2. Using the T/B prepared at 1 prepare a linked Balance Sheet and Income Statement using methods

*This is all the information that has been provided.

Account

Debit

Credit

Cash

Account receivable

      Revenue

$1400

$600

$2000

$1400

Utilities Expense

$6000

      Cash

$1800

Account Payable

$4200

Salaries Expense

$8,000

    Cash

$8,000

Depreciation Asset

      Cash

$1250

$1250

Interest Expense

Loan Payable

    Cash

$2630

$5481

$8111

Partner Drew

        Cash

$16000

$16000

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