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The adjusted trial balance of Cheyenne Cooper Co. as of December 31, 2017, contains the following. CHEYENNE COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2017
The adjusted trial balance of Cheyenne Cooper Co. as of December 31, 2017, contains the following.
CHEYENNE COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 | ||||||
Debit | Credit | |||||
Cash | $20,177 | |||||
Accounts Receivable | 7,625 | |||||
Prepaid Rent | 2,985 | |||||
Equipment | 18,755 | |||||
Accumulated Depreciation-Equipment | $5,600 | |||||
Notes Payable | 6,405 | |||||
Accounts Payable | 6,177 | |||||
Common Stock | 20,705 | |||||
Retained Earnings | 12,015 | |||||
Dividends | 3,705 | |||||
Service Revenue | 12,295 | |||||
Salaries and Wages Expense | 7,545 | |||||
Rent Expense | 2,206 | |||||
Depreciation Expense | 199 | |||||
Interest Expense | 137 | |||||
Interest Payable | 137 | |||||
$63,334
| $63,334 |
Prepare income statement, statement of retained earnings, and classified balance sheet
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