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The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown below. HAMAN ACCOUNTING Trial Balance December 31, 2019 ACCOUNT
The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown below.
| HAMAN ACCOUNTING | ||||
| Trial Balance | ||||
| December 31, 2019 | ||||
| ACCOUNT NAME | DEBIT | CREDIT | ||
| Cash | 7,500 | |||
| Accounts Receivable | 3,500 | |||
| Supplies | 2,500 | |||
| Prepaid Rent | 16,000 | |||
| Equipment | 15,000 | |||
| Accounts Payable | 9,600 | |||
| Erik Haman, Capital | 23,500 | |||
| Erik Haman, Drawing | 4,500 | |||
| Fees Income | 23,000 | |||
| Salaries Expense | 4,500 | |||
| Utilities Expense | 2,600 | |||
| Totals | 56,100 | 56,100 | ||
- Prepare an income statement for the Haman Accounting Services for the month ended December 31, 2019.
- Prepare a statement of owners equity for Haman Accounting Services for the month ended December 31, 2019.
- Prepare a balance sheet for Haman Accounting Services as of December 31, 2019.
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
6th Edition
978-0730363415, 0730363414
