Question
Prepare Income Statement and Balance Sheet for this trial balance: Accounts Cash ??? Accounts Receivable 10.00 Prepaid Insurance 20.00 Office Supplies 10.00 Building 100.00 Accumulated
Prepare Income Statement and Balance Sheet for this trial balance:
Accounts
Cash ???
Accounts Receivable 10.00
Prepaid Insurance 20.00
Office Supplies 10.00
Building 100.00
Accumulated Depreciation - Building 10.00
Equipment 200.00
Accumulated Depreciation - Equipment 75.00
Land 78.00
Accounts Payable 20.00
Salaries Payable 5.00
Unearned service revenue 3.00
Mortgage Payable 30.00
R. Tuttle, Capital 50.00
R. Tuttle, Withdrawals 15.00
Service Revenue 1,000.00
Salaries Expense 200.00
Depreciation Expense - Building and equipment 5.00
Office Supplies Expense 10.00
Insurance Expense 20.00
Utilities Expense 25.00
Total $693.00 $1,193.00
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