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Sandhill Company ended its fiscal year on July 31, 2020. The company's adjusted triai balance as of the end of its fiscal year is as
Sandhill Company ended its fiscal year on July 31, 2020. The company's adjusted triai balance as of the end of its fiscal year is as follows. Sandhill Company Adjusted Trial Balance July 31, 2020 Debit No. 101 Cash 112 Accounts Receivable 157 Equipment Arcount Titles Credit $9,400 8,900 16,000 $7,200 4,100 2,000 45,700 201 Accounts Payable 208 Unearned Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utlities Expense 15,800 63,600 6,400 6,900 56,500 15,500 $129,000 $129.000 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45)) SANDHILL COMPANY SANDHILL COMPANY Income Statement SHOW LIST OF ACCOUNTS LINK TO TEXT SANDHILL COMPANY Owner's Equity Statement SHOW LIST OF ACCOUNTS Prepare a classified balance sheet at July 31. (List Current Assets in order of ligudty) Liabilities and Owner's Equity Click if you would like to Show Work for this question: Open Show Work SHOW LUIST OF ACCOUNTS LINK TO TEXT
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