Ques-8- Income Statement Debit Star Electronics Year Ended December 31, 2012 Unadjusted Trial Balance Adjustments Debit Credit Debit Credin 17.000 20,000 15.000 65,000 50,000 100,000 15,000 100,000 60,000 7,000 Account Name Cash Accounts Receivable 1 Notes Receivable Inventory Vehicles Land Accounts Payable Bank Loan Russell Cruise, capital Russell Cruise, Withdrawals Sales Revenue Sales Returns and Allowances Cost of Goods Sold Freight Out Advertising Expense Salary Expense Rent Expense Insurance Expense Interest Expense 331,000 3.000 162,000 2,000 5,000 20,000 33,000 3,000 4,000 506,000 506,000 Totals Ques-8- Income Statement Debit Star Electronics Year Ended December 31, 2012 Unadjusted Trial Balance Adjustments Debit Credit Debit Credin 17.000 20,000 15.000 65,000 50,000 100,000 15,000 100,000 60,000 7,000 Account Name Cash Accounts Receivable 1 Notes Receivable Inventory Vehicles Land Accounts Payable Bank Loan Russell Cruise, capital Russell Cruise, Withdrawals Sales Revenue Sales Returns and Allowances Cost of Goods Sold Freight Out Advertising Expense Salary Expense Rent Expense Insurance Expense Interest Expense 331,000 3.000 162,000 2,000 5,000 20,000 33,000 3,000 4,000 506,000 506,000 Totals