the balance sheet and income statement are incorrect. please fix the trial balance and adjusting entries are all correct.
A Adjusting Entries Debit Credit Income Statement Debit Credit 5,000.00 Adjusted Trial Balance Debit Credit 57,277.00 6,191.00 5,888.00 1,700.00 225.00 2,290.00 13,400.00 256.00 1,700.00 330.00 EN Balance Sheet Debit Credit 57,277.00 6,191.00 5,888.00 1,700.00 225.00 2.290.00 (22.50) 221,160.00 3.686.00 115,000 00 (284.39) 22,000.00 1,445.00 2,290.00 - 22.50 22.50 221, 160.00 3.686.00 3,686.00 115,000.00 284.39 284.39 Account Unadjusted Tral Balance Number Name Debit Credit B 1110 Cash 57 277 00 1120 Accounts Receivable 1.191.00 0 1130 Prepaid Insurance 6.144.00 1 1140 Prepaid Rent 2 1150 Office Supplies 555.00 3 1211 Office Equip 4 1212 Accum. Depr.-Office Equip 15 1311 Computer Equip. 221,160.00 16 1312|Accum. Depr -Computer Equip 17 115,000.00 1411 Building Cost 1 18 1412 Accum. Depr.-Building 19 1510 Land 22,000.00 20 1.445.00 2101 Accounts Payable 20 21 2102 Advanced Payments 22 24 2103 Interest Payable 23 20 2105 Salaries Payable 24 24 2106 Income Taxes Payable 25 2201 Mortgage Payable 123,300.00 26 2202 Notes Payable 106.750.00 27 3100 Capital Stock 186,300.00 28 3200 Retained Earnings 29 3300 Dividends 1,518.00 30 31. 4100 | Computer & Consulting Revenue 17. 165.00 Chart of Accounts Transactions General Journal 22,000.00 1.445.00 474.67 621.00 2.341 36 1.474.67 621.00 2.341.36 123 300.00 106,750.00 186,300.00 1.474.67 621.00 2.341.36 123,300.00 106,750.00 186,300.00 5,506.08 1.518.00 22.165.00 5 000.00 Worksheet Income Statement 22. 165.00 changes .. NS1 NEM E F G 1 J 25 26 27 28 29 A B 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock 3200 Retained Earnings 3300 Didends D 123,300.00 106.750.00 186,300.00 -- H 123,300.00 106,750.00 186,300.00 15- - K 123,300.00 106,750.00 186,300.00 5.506.08 - w 1.518.00 THE 1,518.00 17 165.00 5,000.00 22. 165.00 22,165.00 1,700.00 621.00 30 31 32 33 34 35 36 37 38 39 40 41 142 4100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 5030 Advertising Experise 5040 Repair & Maint. Expenso 5050 Oil & Gas Expense 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 5120 Income Tax Expense 2.070.00 325.00 1.140.00 890 00 1.700.00 2,691.00 325.00 1.140.00 890.00 330.00 1.474.67 256.00 3,992 89 2.341.36 1,700,00 2.691.00 325.00 1.140,00 890.00 330.00 1,474.67 256.00 3,992.89 2,341.36 330.00 1.474.67 256.00 3,992.89 2.341.36 43 14 45 46 47 48 49 50 434 960 00 434 960.00 15.715.92 15.715 92 448.389.92 448,389.92 15 149.92 TOTAL NET INCOME 22, 165.00 556.445.72 427,738.11 7,024.08 128.707 61 51 Transactions General Journal Chart of Accounts Income Statement Worksheet Changes... 1
