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The adjusted trial balance columns of the worksheet for DeSousa Company are as follows. The owner did not make any additional investments in the business
The adjusted trial balance columns of the worksheet for DeSousa Company are as follows. The owner did not make any additional investments in the business in April.
DESOUSA COMPANY Worksheet (partial) For the Month Ended April 30, 2017 | ||||
Adjusted Trial Balance | ||||
Account Titles | Dr. | Cr. | ||
Cash | 10,000 | |||
Accounts Receivable | 8,000 | |||
Prepaid Rent | 2,040 | |||
Equipment | 22,750 | |||
Accumulated DepreciationEquip. | 5,000 | |||
Notes Payable (due in 1 year) | 5,600 | |||
Accounts Payable | 4,500 | |||
Common Stock | 19,390 | |||
Retained Earnings | 9,000 | |||
Dividends | 3,800 | |||
Service Revenue | 15,500 | |||
Salaries and Wages Expense | 11,000 | |||
Rent Expense | 750 | |||
Depreciation Expense | 650 | |||
Interest Expense | 20 | |||
Interest Payable | 20 | |||
Totals | 59,010 | 59,010 |
Prepare a classified balance sheet.
Assets
Liabilities and Stockholders Equity
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