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The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Requirements 1. Prepare the
The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Requirements 1. Prepare the income statement for the year ending December 31, 2016. 2. Prepare the statement of owner's equity for the year ending December 31, 2016. Assume that there were no contributions made by the owner during the year. 3. Prepare the classified balance sheet as of December 31, 2016. Use the report form. - x Data table Green Advertising Services Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash $ 14.400 Accounts Receivable 14.900 Office Supplies 7.400 Furniture 21,100 Accumulated DepreciationFurniture s 14,200 Building 48,500 Accumulated DepreciationBuilding 35,100 Land 17,800 Accounts Payable 10.500 Salaries Payable 8,000 Unearned Revenue 15.000 Cole, Capital 71,900 16.500 38.000 27.000 Cole, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Furniture Depreciation Expense-Building Advertising Expense 8,500 800 2.800 13,000 $ Total 192,700 192,700 $ Print Done
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