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Rose Company Trial Balance July 31st, 2019 Debit $375,000 131,250 150,000 600,000 56,250 Credit Cash Accounts receivable Supplies Equipment Furniture Accounts payable Rose, Capital Rose,

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Rose Company Trial Balance July 31st, 2019 Debit $375,000 131,250 150,000 600,000 56,250 Credit Cash Accounts receivable Supplies Equipment Furniture Accounts payable Rose, Capital Rose, Drawings Service revenue Salaries expense Advertising expense Rent expense Utilities expense $112,500 1,050,000 37,500 562,500 187,500 50,000 100,000 37,500 1,725,000 1,725,000 Total Required: Prepare the financial statements of Rose Company on July 31st, 2019. [SK1: 5 marks]

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