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The adjusted trial balance columns of the worksheet for Flounder Company are as follows. Flounder Company Worksheet (Partial) For the Month Ended April 30,
The adjusted trial balance columns of the worksheet for Flounder Company are as follows. Flounder Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,500 Accounts Receivable 8,020 Prepaid Rent 2,000 Equipment 23,100 Accumulated Depreciation-Equip. Notes Payable (due in October 2022) 4,500 5,500 Accounts Payable 5,000 Common Stock 21,870 Retained Earnings 7,700 Dividends 3,800 Service Revenue 16,000 Salaries and Wages Expense 10,800 Question 2 of 2 < Service Revenue 16,000 Salaries and Wages Expense 10,800 Rent Expense Depreciation Expense Interest Expense 750 600 90 Interest Payable 90 Totals 60,660 60,660 Revenues Service Revenue Expenses Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Total Expenses Net Income:/(Loss) Flounder Company Income Statement For the Month Ended April 30, 2022
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