Answered step by step
Verified Expert Solution
Question
1 Approved Answer
thats all the info given to me L01,2 4B-4. S50 / QB The trial balance for Dennis's Repair Service appears in Figure 4.28. Adjustment Data
thats all the info given to me
L01,2 4B-4. S50 / QB The trial balance for Dennis's Repair Service appears in Figure 4.28. Adjustment Data to Update Trial Balance a. Insurance expired, $200. b. Repair supplies on hand, $2,300. c. Depreciation on repair equipment, $700. d. Wages earned but unpaid, $220. Your task is to: 1. Complete a worksheet for Dennis's Repair Service for the month of November 2. Prepare an income statement for November, a statement of owner's equity for November, and a balance sheet as of November 30, 2018. Figure 4.28 DENNIS' REPAIR SERVICE TRIAL BALANCE NOVEMBER 30, 2017 Cr. Dr. 32 00 00 4 9lololoo 51110000 55 00 00 Check Figure: Net Income 52,420 Account Titles Cash Prepaid Insurance Repair Supplies Repair Equipment Accumulated Depreciation, Repair Equipment Accounts Payable D. Horn, Capital Revenue from Repairs Wages Expense Rent Expense Advertising Expense Totals 90000 467 000 6 79 000 840000 1/40000 55000 11000 20 7 60 00 20 760 00 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started