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R. Brown Accounting Trial Balance December 31, 2005 Debit Credit Cash............................................................. $ 4 500 Accounts Receivable................................... 19 300 Prepaid Insurance........................................ 1 700 Supplies....................................................... 1 950

R. Brown Accounting

Trial Balance

December 31, 2005

Debit Credit

Cash............................................................. $ 4 500

Accounts Receivable................................... 19 300

Prepaid Insurance........................................ 1 700

Supplies....................................................... 1 950

Land............................................................. 64 000

Building....................................................... 121 500

Accumulated Depreciation Building........ $ 65 500

Automobile.................................................. 35 400

Accumulated Depreciation Automobile... 15 500

Equipment.................................................... 19 700

Accumulated Depreciation Equipment.... 12 100

Accounts Payable........................................ 7 500

Bank Loan................................................... 13 500

Mortgage...................................................... 35 200

R. Brown, Capital........................................ 50 250

R. Brown, Drawings.................................... 3 500

Fees Earned................................................. 209 000

Salaries and Wages Expense....................... 48 350

Utilities Expense.......................................... 38 100

Advertising Expense.................................... 16 500

Repairs Expense.......................................... 11 000

Printing Expense.......................................... 9 900

Depn Expense - Automobile...................... 5 550

Depn Expense - Building........................... 2 800

Depn Expense - Equipment........................ 2 650

Miscellaneous Expense............................... 2 150

Totals........................................................... $408 550 $408 550

Given the Trial Balance for R Brown Accounting prepare the Balance Sheet and the Income Statement.

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BS R Brown Template - Excel File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do & Share If ! AutoSum Arial - 10 - AR A Wrap Text General * Cut e Copy * Format Painter Ay O RA BO Fill- Paste BIU A- 3 Merge & Center - $ - % 0.000 .00 0 Insert Delete Format Conditional Format as Cell Formatting Table Styles Styles Clear Sort & Find & Filter - Select Editing Clipboard Font Alignment Number Cells F18 foc D E F G H 1 j K L M N 0 Q R A B R. Brown Accounting Income Statement for the year ended December 31, 2005 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Income Statement Classified Balance Sheet Sheet2 Sheet3 + Ready + 100% Type here to search O W x] NI ENG 2:59 PM 2021-01-12 = 20 R. Brown Accounting Balance Sheet December 31, 2005 Assets 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 39 39 40

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