Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Table below is a partial work sheet of Zinet Pty Ltd for the month of March: Zinet Pty Ltd Partial Work Sheet for the Month

image text in transcribed

image text in transcribed

Table below is a partial work sheet of Zinet Pty Ltd for the month of March: Zinet Pty Ltd Partial Work Sheet for the Month of March 2013 Adjustments DEBIT CREDIT 300 800 1,600 100 500 Account Title Trial Balance DEBIT CREDIT Cash at bank 3,500 Accounts receivable 3,400 Prepaid rent 1,200 Supplies 3,300 Equipment 34,100 Accumulated 1.800 depreciation Accounts payable 5,100 Salary payable Zinet, Capital 36,000 Zinet Drawings 2,000 Service revenue 7,100 Depreciation expense Salary expense 1,800 Rent expense Electricity and gas 700 expense Supplies expense 50,000 50,000 Profit or Loss 300 100 500 800 1,600 3,300 3,300 Required: Prepare Adjusted Trial Balance (6 marks) An Income Statement (6 marks) The classified Balance Sheet. (7 marks) Heading: Account Title DEBIT CREDIT

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_2

Step: 3

blur-text-image_3

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

Managerial Accounting Special Edition For California State University Los Angeles

Authors: Garrison

14th Edition

0077519973, 978-0077519971

More Books

Students also viewed these Accounting questions

Question

2. What is the impact of information systems on organizations?

Answered: 1 week ago

Question

Evaluate the impact of technology on HR employee services.

Answered: 1 week ago