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The ADJUSTED Trial Balance of Practice Contractors for the year ended December 31, 2020, follows: Practice Contractors ADJUSTED Trial Balance December 31, 2020 Account
The ADJUSTED Trial Balance of Practice Contractors for the year ended December 31, 2020, follows: Practice Contractors ADJUSTED Trial Balance December 31, 2020 Account Title Debit Credit Cash 10,000 Office supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Wages payable Unearned service revenue 1,100 2,500 40,000 10,000 8,000 1,200 14,000 apital 33,000 Withdrawals 6,000 Repair service revenue Wages expense Rent expense Depreciation expense Office supplies expense Utilities expense Insurance expense 75,000 50,000 12,000 10,000 3,600 3,600 2400 S 141,200 S 141,200 Total Required: Based on the adjusted account balances listed above, complete the following: a. Income Statement b. Sulement of Owner's Equity (Note: all owner investements were made during 2020) c. Balance Sheet Remember: All sadijustments have already been made.
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