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roctoring Enabled: Exam Ch 3-4 i Saved TB Problem Qu. 3-99 (Algo) The account balances from the... The account balances from the December 31,20X1, trial
roctoring Enabled: Exam Ch 3-4 i Saved TB Problem Qu. 3-99 (Algo) The account balances from the... The account balances from the December 31,20X1, trial balance for Morgan Accounting Services are shown below. 18 points 800:04:07 MORGAN ACCOUNTING SERVICES Trial Balance December 31,20 xx1 Account Name Debit credst Cash 7,300 Accounts receivable Supplies Prepaid rent Equipment Accounts payable Stephen Morgan, Capital Stephen Morgan, Drawing Fees income Salaries expense Utilities expense Totals 3,300 2,300 14,000 13,090 4,300 9,400 21,000 20,500 4,300 2,400 50,900 50,900 Prepare an income statement for the Morgan Accounting Services for the month ended December 31,20 xx1. Prepare a statement of owner's equity for Morgan Accounting Services for the month ended D
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