Question
The following are the balances of a company for the year ending December 31, 2019. Cash 82100 Accounts receivable 15000 Packing supplies 1600 Prepaid
The following are the balances of a company for the year ending December 31, 2019. Cash 82100 Accounts receivable 15000 Packing supplies 1600 Prepaid rent 1200 Truck 25,850 Accum. Amortization, Truck 1,800 Computer 1,200 AccuMED. Amortization, Computer 300 Accounts payable 6400 Salary payable 3800 Unearned revenue 4,000 J. Thompson, Capital J. Thompson, Withdraw 132,000 1000 Delivery Fees earned 35000 Amortization expense, truck 3600 Amortization expense, computer 300 Rent expense 2700 Salary expense 10,600 Utility expense 1800 Telephone expense 1700 Packing supplies expense 9400 Adjustments 1. Packing supplies on had on 31 December $600. 2.Prepaid rent paid on 1" December for 1 year. 3. Unearned revenue current balance $2000 4. Outstanding travelling expenses $200 INSTRUCTION 1. Prepare Trial Balance 2. Adjustments and adjusting entries 3. Adjusted trial balance 4. Prepare an income statement. 5. Prepare statement of changes in equity 6. Prepare classified balance sheet
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