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The adjusted trial balance columns of the worksheet for Sheffield Company are as follows. Sheffield Company Worksheet (Partial) For the Month Ended April 30,
The adjusted trial balance columns of the worksheet for Sheffield Company are as follows. Sheffield Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Cash Dr. Cr. 12,000 Accounts Receivable Prepaid Rent 7,520 2,180 Equipment 23,200 Accumulated Depreciation-Equip. Notes Payable (due in October 2022) 5,000 5,700 Accounts Payable 4,500 Common Stock 22,550 Retained Earnings 7,150 Dividends 3,900 Service Revenue 16,000 Salaries and Wages Expense 10,600 Rent Expense 800 Depreciation Expense 700 Depreciation Expense Interest Expense Interest Payable Totals 700 30 90 30 60 60,930 60,930 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -55 or parentheses e.g. (55).) Sheffield Company Income Statement $ $
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