Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

show all the work E4-15 (similar to) The adjusted trial balance for Green Advertising Services is presented below. Click on the icon to view the

show all the work image text in transcribed
image text in transcribed
image text in transcribed
E4-15 (similar to) The adjusted trial balance for Green Advertising Services is presented below. Click on the icon to view the adjusted trial balance.) Requirements 1. Prepare the income statement for the year ending December 31, 2016 2. Prepare the statement of owner's equity for the year ending December 31, 2016. Assume that there were no contributions made by the owner during the year. 3. Prepare the classified balance sheet as of December 31, 2016. Use the report form. w Year Ended December 31, 2016 Revenues Service Revenue 50200 Total Expenses Salaries Expense 29500 Supplies Expense 9200 Depreciation Expense Building 22001 Depreciation Expense Furniture 1400 Advertising Expense 14500 Choose from any ist or enter any number in the input helds and then click Check Answer 3 parts Clear All remaining i Data Table -X rvices is presented ance) ending December er the year ending December 31, 201 Green Advertising Services Adjusted Trial Balance December 31, 2016 lear Balance er 31, 2016 Account Title Credit Cash Debit 13,600 14,900 5,900 17,600 $ 49,800 Accounts Receivable Office Supplies Furniture Accumulated Depreciation - Furniture Building Accumulated Depreciation--Building Land Accounts Payable 13,400 36,900 18,000 9.500 he input fields and til Print Done Data Table - X ervices is presented ance.) 18,000 rending December or the year ending f December 31, 201 ear. 9,500 7,600 13,000 65,200 THCETE ber 31, 2016 19,200 Land Accounts Payable Salaries Payable Unearned Revenue Cooper, Capital Cooper, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Furniture Depreciation Expense-Building Advertising Expense 50,200 29.500 9,200 1,400 2,200 14.500 195,800 $ 195,800 Total he input fields and til Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Energy Audits

Authors: Albert Thumann, William J. Younger

6th Edition

0824709985, 978-0824709983

More Books

Students also viewed these Accounting questions

Question

=+ (b) Show that X' and Y' are dependent but uncorrelated.

Answered: 1 week ago