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Prepare posting, trial balance, balance sheet and income statement using worksheet. PARTICULARS DEBIT CREDIT a. Paint Equipment 12,300 71,000 Cashin Bank 83,300 80,000 Abapo, Capital
Prepare posting, trial balance, balance sheet and income statement using worksheet. PARTICULARS DEBIT CREDIT a. Paint Equipment 12,300 71,000 Cashin Bank 83,300 80,000 Abapo, Capital # b. Vehicle Equipment Cashin Bank Note Payable # c. Painting Supplies Accounts Payable 50,000 30,000 3,200 3,200 #1 d. Accounts Receivables 4,800 4,800 Painting Revenue # e. Cash in Bank 1,500 Painting Revenue 1,500 #1 f. Painting Supplies 1,600 Cash in Bank 1,600 # g. Cashin Bank 4,800 Accounts Receivable 4,800 # h. Prepaid Insurance Cash in Bank 4,000 4,000 # 6,200 6,200 1,500 i. Accounts Receivable Painting Revenue # j. Salaries Expense Cash in Bank # Maintenance Expense Cash in Bank 1,500 400 400 # k. Accounts Payable 3,200 Cash in Bank 3,200 # 3,300 1. Utilities Expense Cash in Bank 3,300 #1 Cash in Bank 2,500 2,500 Abapo, Capital # 10,000 m. Drawings Cash in Bank 10,000 # 2,000 n. Salaries Expense Cash in Bank 2,000 # 3,000 o. Maintenance Expense Cashin Bank 3,000 #
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