Reno DeFilippis has been operating the DeFilippis Limousine Service for the past year and a half. DeFilippis Limousine Service's unadjusted trial balance as of August 31 is shown below. Based on the unadjusted trial balance, determine the DeFilippis Limousine Service's net income (loss) for August. eilippis Limousine Service Unadjusted Trial Balance August 31 Debits $6,430 $500 $400 $0 $1,100 Credits Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Accounts Payable Wages Payable Income Taxes Pavable Unearned Fees Common Stock Retained Earnings Dividends Fees Revenue Supplies Expense Insurance Expense Rent Expensc wages Expense Telephone Expense Income Taxes Expense Totals $800 SO SO $1,300 $3,200 $3,500 $200 $3,400 $0 $1,300 $0 $2,200 $70 $0 a. $3,400 b. $30 c. $170 d. $3,130 e. $8,430 Based on the unadjusted trial balance, determine DeFilippis Limousine Service's total assets on August 31. DeFilippis Limousine Service Unadjusted Trial Balance August 31 Debits $6,430 $500 $400 $0 $1,100 ccount Name Credits Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Accounts Payable Wages Payable Income Taxes Payable Unearned Fees Common Stock Retained Earnings Dividends Fees Revenue Supplies Expense Insurance Expense Rent Expense Wages Expense Telephone Expense Income Taxes Expense $800 $0 $0 $1,300 $3,200 $3,500 $200 $3,400 $0 $1,300 $0 $2,200 $70 $0 $12,200 12,200 a. $8,430 b. $6,430 C. $12,200 d. $6,700 e. $2,100 Based on the unadjusted trial balance, determine DeFilippis Limousine Service's total liabilities on August 31. DeFilippis Limousine Service Unadjusted Trial Balance August 31 Debits $6,430 $500 $400 S0 $1,100 ccount Nam Credits Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Accounts Payable Wages Payable Income Taxes Payable Unearned Fees Common Stock Retained Earnings Dividends Fees Revenue Supplies Expense Insurance Expense Rent Expense Wages Expense Telephone Expense Income Taxes Expense Totals $800 $0 $0 $1,300 $3,200 $3,500 $200 $3,400 $0 $1,300 $0 $2,200 $70 S0 a. $8,430 b. $2,100 c. $6,430 d. $12,200 e. $6,700 Based on the unadjusted trial balance, determine DeFilippis Limousine Service's total stockholders' equity on August 31 DeFilippis Limousine Service Unadjusted Trial Balance August 31 Debits $6,430 $500 $400 $0 $1,100 ccount Name Credits Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Accounts Payable Wages Payable Income Taxes Payable Unearned Fees Common Stock Retained Earnings Dividends Fees Revenue Supplies Expense Insurance Expense Rent Expense Wages Expense Telephone Expense $800 S0 $0 $1,300 S3,200 $3,500 $200 $3,400 $0 $1,300 $0 $2,200 $70 S0 $12,200 come Taxes Expens In Totals e $12.200 a. $6,700 b. $12,200 c. $3,200 d. $6,330 e. $8,430
