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Problem 4-03A a-d (Video) The completed financial statement columns of the worksheet for Sandhill Company are shown as follows: Sandhill Company Worksheet For the Year
Problem 4-03A a-d (Video) The completed financial statement columns of the worksheet for Sandhill Company are shown as follows: Sandhill Company Worksheet For the Year Ended December 31, 2020 Income Statement Balance Sheet Account Account Titles Dr. Cr. Dr. Cr. No. 101 112 130 157 158 201 212 301 306 400 622 8,700 11,000 3,000 23,800 Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Equip Accounts Payable Salaries and Wages Payable Owner's Capital Owner's Drawings Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense 4,400 9,100 2,500 19,400 10,300 59,600 722 726 732 1,800 3,100 1,700 30,100 1,500 Totals 38,200 59,600 56,800 35,400 21,400 59,600 59,600 56,800 56,800 Net Income 21,400
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