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The adjusted trial balance for Sheridan Company is shown below. SHERIDAN COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cash $10,100 Accounts Receivable 9,000

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The adjusted trial balance for Sheridan Company is shown below. SHERIDAN COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cash $10,100 Accounts Receivable 9,000 Supplies 2,400 Prepaid Insurance 3,900 Equipment 13,800 Accumulated Depreciation-Equipment $ 3,800 Accounts Payable 5,800 Salaries and Wages Payable Unearned Rent Revenue 1,500 Owner's Capital 14,600 Service Revenue 34,200 Rent Revenue 11,200 Salaries and Wages Expense 17,000 Supplies Expense Rent Expense 14,900 Insurance Expense Depreciation Expense $71,100 $71,100 After Adjustment Dr. $10,100 9,900 700 2,700 13,800 $ 4,300 5,800 1,000 600 14,600 35,100 12,100 18,000 1,700 14,900 1,200 500 $73,500 $73,500 Prepare the income statement for the year. SHERIDAN COMPANY Income Statement Prepare the owner's equity statement for the year. SHERIDAN COMPANY Owner's Equity Statement 9

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