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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 Balance Sheet and Statement of Owner's Equity Adjusted Trial Balance Income Statement Dr. Cr. Dr. Account Title Dr Cr No. $ 8,100 35,397 42,500 101 Cash 106 Accounts receivable 153 Trucks 54 Accumulated depreciation-Trucks 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees $ 17,085 30,000 18,873 4,317 3,717 69,553 301 F. Planta, Capital 302 F. Planta, Withdrawals 14,695 81,000 401 Plumbing fees earned 611 Depreciation expense-Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses 5,695 37.908 12,312 7.938
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