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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 Worl Sheet Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity DE C. Di. C. 5 Dr. 4,000 17.480 39.000 $ 15,678 30,000 No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation-Trucks 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 F. Planta, Capital 302 F Planta, Withdrawals 401 Plumbing fees earned 611 Depreciation expense --Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses Totals Net income Totals 9,320 2,132 1,532 59,138 16.064 85.000 5226 39.780 12920 8.330 $ 172,800 $ 172.800
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