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The adjusted trial balance for Sheridan Company is given below: SHERIDAN COMPANY Trial Balance August 31, 2022 Cash Accounts Receivable Supplies Prepaid Insurance Equipment
The adjusted trial balance for Sheridan Company is given below: SHERIDAN COMPANY Trial Balance August 31, 2022 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Before Adjustment After Adjustment Dr. Cr. Dr. Cr. $10,550 $10,550 9.190 9.980 2.940 1,420 4.280 3,070 16,000 16,000 $3,600 $4,800 5,910 5,910 0 1,340 2,120 1,180 1,340 Unearned Rent Revenue Common Stock Retained Earnings 2,120 1,180 14,260 14,260 5,200 5,200 Dividends 2,950 2,950 Service Revenue 34,810 35,600 Rent Revenue 12,830 13,770 Salaries and Wages Expense 16,370. 17,710 Supplies Expense 0 1,520 Rent Expense 16.450 16,450 Insurance Expense 0 1,210 Depreciation Expense 0 1,200 $78,730 $78,730 $82.060 $82,060 Prepare the income statement for the year ended August 31. SHERIDAN COMPANY Income Statement eTextbook and Media. $
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