Question
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.
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 40Step by Step Solution
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