Question
The adjusted trial balance of Personal Financial Planners appears below. Personal Financial Planners Adjusted Trial Balance December 31, 2020 Debit Credit Cash $4,900 Accounts Receivable
The adjusted trial balance of Personal Financial Planners appears below. Personal Financial Planners Adjusted Trial Balance December 31, 2020 Debit Credit Cash $4,900 Accounts Receivable 2,300 Supplies 1,800 Equipment 14,000 Accumulated Depreciation-Equipment $3,000 Accounts Payable 3,300 Unearned Service Revenue 6,000 Owner's Capital 14,600 Owner's Drawings 2,500 Service Revenue 4,500 Supplies Expense 700 Depreciation Expense 2,700 Rent Expense 2.500 $31.400 $31,400 Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, 2020: 1. An income statement. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Personal Financial Planners Income Statement For the Month Ended December 31, 2020 v $ S 2. An owner's equity statement. Personal Financial Planners Owner's Equity Statement For the Month Ended December 31, 2020 $ Personal Financial Planners Balance Sheet December 31, 2020 Assets Liabilities and Owner's Equity S
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