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The adjusted trial balance of Anderson Cooper Co. as of December 31, 2020, contains the following ANDERSON COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31,
The adjusted trial balance of Anderson Cooper Co. as of December 31, 2020, contains the following ANDERSON COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash Accounts Receivable Prepaid Rent Equipment $19,472 6.920 2,280 18,050 Accumulated Depreciation-Equipment $4,895 Notes Payable 5,700 Accounts Payable 5,472 Common Stock 20,000 Retained Earnings 11,310 Dividends 3,000 Service Revenue 11,590 Salaries and Wages Expense 6,840 Rent Expense 2,260 Depreciation Expense 145 Interest Expense 83 Interest Payable 83 $59,050 $59,050 (a) Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. Rent Expense Depreciation Expense 2,260 145 83 Interest Expense Interest Payable 83 $59,050 $59,050 (a) Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) List of Accounts: ANDERSON COOPER CO. Income Statement 0
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