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The adjusted trial balance of ZHILIK COMPANY appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending

The adjusted trial balance of ZHILIK COMPANY appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:

  1. an income statement. - 8 POINTS
  2. a statement of owners quity. - 5 POINTS
  3. a balance sheet. - 8 POINTS
  4. CLOSING ENTRY - 8 POINTS
  5. POST CLOSING TRIAL BALANCE - 6 POINTS

ZHILIK COMPANY

Adjusted Trial Balance

December 31, 2020

Debit Credit

Cash .................................................................................................. $ 4,400

Accounts Receivable......................................................................... 2,200

Office Supplies.................................................................................. 1,800

Office Equipment.............................................................................. 15,000

Accumulated DepreciationOffice Equipment................................ $ 4,000

Accounts Payable.............................................................................. 3,800

Unearned Revenue........................................................................... 5,000

OWNERS CAPITAL............................................................................. 14,400

OWNERS DRAWING........................................................................ 2,500

Service Revenue............................................................................... 3,700

Office Supplies Expense................................................................... 600

Depreciation Expense....................................................................... 2,500

Rent Expense.................................................................................... 1,900 ______

$30,900 $30,900

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