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The adjusted trial balance of Wong Consulting Services is as follows: Credit 2 $1,400 740 600 50 WONG CONSULTING SERVICES Adjusted Trial Balance December 31,

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The adjusted trial balance of Wong Consulting Services is as follows: Credit 2 $1,400 740 600 50 WONG CONSULTING SERVICES Adjusted Trial Balance December 31, 2021 Debit Cash $2,600 Accounts receivable 1,000 Prepaid insurance 820 Supplies 150 Furniture 14,100 Accumulated depreciation - furniture Accounts payable Salaries payable Interest payable Unearned revenue Notes payable, due 2026 V. Wong, capital V. Wong, drawings 8,100 Service revenue Rent revenue Depreciation expense 570 Insurance expense 670 Interest expense 100 Rent expense 1,600 Repairs expense 230 Salaries expense 9,600 Supplies expense 850 Utilities expense 480 $40,870 130 2,700 5,000 29,570 680 $40,870 During the year, the owner V. Wong invested $1,200 in the business. Prepare an income statement for Wong Consulting Services. WONG CONSULTING SERVICES Income Statement WONG CONSULTING SERVICES Income Statement Weygande, cupies s WONG CONSULTING SERVICES Statement of Owner's Equity $ Eudy o Prepare a classified balance sheet for Wong Consulting Services. (List Current Assets in order of liquidity.) WONG CONSULTING SERVICES Balance Sheet Assets D e Liabilities and Owner's Equity O

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