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The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by
The Adjusted Trial Balance for Planta Company follows. 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 Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. No. Account Title Dr. Cr. Dr. Cr. $ 7,900 34,523 42,000 $ 16,884 30,000 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciationTrucks 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 E. Planta, Capital 302 F. Planta, Withdrawals 401 Plumbing fees earned 611 Depreciation expense-Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses Totals 18,407 4,211 3,611 69,494 10,886 65,000 5,628 30,420 9,880 6,370 $ 177,607 $ 177,607 Net income Totals
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