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The Adjusted Trial Balance columns of a work sheet for Planta Company follow. Complete the work sheet by extending the account balances into the
The Adjusted Trial Balance columns of a work sheet for Planta Company follow. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Account Number Account Title Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Debit Credit Debit Credit Debit Credit 101 Cash $ 4,100 106 Accounts receivable 17,917 153 Trucks 42,500 154 Accumulated depreciation-Trucks $ 17,085 183 Land 30,000 201 Accounts payable 9,553 209 Salaries payable 2,185 236 Unearned revenue 1,585 301 B. Planta, Capital 60,971 302 B. Planta, Withdrawals 18,803 403 Plumbing revenue 98,000 611 Depreciation expense-Trucks 5,695 622 Salaries expense 45,864 640 Rent expense 14,896 677 Miscellaneous expenses 9,604 Totals $ 189.379 $ 189,379 0 Nat income
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