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The accounts from the Adjusted Trial Balance are listed in alphabetical order. Use this information for Lawrence Service Company to prepare the classified balance sheet
The accounts from the Adjusted Trial Balance are listed in alphabetical order. Use this information for Lawrence Service Company to prepare the classified balance sheet at September 30, 2018. Use the report form. You must compute the ending balance of Lawrence, Capital. There were no new capital contributions during the month. Lawrence Service Company Adjusted Trial Balance September 30, 2018 Balance Account Title Debit Credit Accounts Payable $9,000 Accounts Receivable $2,800 Accumulated Depreciation- Equipment 1,500 Cash 14,500 Depreciation Expense - Equipment 600 Equipment 40.000 Lawrence, Capital, August 31, 2018 18,100 Lawrence, Withdrawals 1,500 Notes Payable (long-term) 20,000 Office Supplies 1,500 Prepaid Rent 4,800 Rent Expense 1,200 Salaries Expense 9.000 Service Revenue 27,500 Supplies Expense 500 Unearned Revenue (short-term) 1.000 Utilities Expense 700 Total $77,100 $77.100
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