Question
The following information is provided by Eta Ltd. for the year ended December 31, 2022: Cash: $2,500 Accounts Receivable: $1,200 Equipment: $6,000 Accumulated Depreciation: $800
The following information is provided by Eta Ltd. for the year ended December 31, 2022:
Cash: $2,500
Accounts Receivable: $1,200
Equipment: $6,000
Accumulated Depreciation: $800
Accounts Payable: $1,400
Salaries Payable: $500
Common Stock: $4,000
Retained Earnings: $3,500
Service Revenue: $15,000
Salaries Expense: $4,000
Rent Expense: $1,500
Utilities Expense: $600
Supplies Expense: $300
Required:
Prepare a Trial Balance at December 31, 2022.
Prepare an Income Statement for the year ended December 31, 2022.
Prepare a Statement of Changes in Equity for the year ended December 31, 2022.
Prepare a Balance Sheet at December 31, 2022.
Prepare a Post-Closing Trial Balance at December 31, 2022.
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