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Question 1 [30 points] Jack Tasker started Weber Inc. on February 1, 2014. The adjusted trial balance shown below has been prepared for Weber Inc.
Question 1 [30 points] Jack Tasker started Weber Inc. on February 1, 2014. The adjusted trial balance shown below has been prepared for Weber Inc. as of February 28, 2014. Use this information to prepare the income statement and statement of changes in equity for the month ended February 28 along with the February 28 balance sheet Weber Inc. Adjusted Trial Balance February 28, 2014 (select one) Income Statement (select one) Accumulated depreciation, automobiles Accumulated depreciation, equipment Automobiles Bonds payable Cash Commissions earned Consulting revenue earned. Depreciation expense, automobiles Depreciation expense, equipment Dividends Equipment Interest earned Interest expense Prepaid interest Property taxes expense Debit Credit 6,500 7,000 179,000 131,000 98,500 62,000 139,000 6,500 7,000 32,000 123,500 10,500 29,500 22,000 72,000 (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity Saved! (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity ALLUITABU UEPIEVALVIT, AULITUDIOS Accumulated depreciation, equipment Automobiles Bonds payable Cash Commissions earned Consulting revenue earned. Depreciation expense, automobiles Depreciation expense, equipment Dividends Equipment Interest earned Interest expense Prepaid interest Property taxes expense Property taxes payable Rent earned Share capital Short-term notes payable Supplies Unearned rent Totals V,JUU 7,000 179,000 131,000 98,500 62,000 139,000 6,500 7,000 32,000 123,500 10,500 29,500 22,000 72,000 43,500 40,000 114,500 36.000 60,000 40,000 630,000 630,000 (select one) Balance Sheet (select one) +
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