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The following is a trial balance from Mikes Mighty Mechanics Shop at December 31, 2011 Mikes Mighty Mechanics Shop Trial Balance For the Year Ended
The following is a trial balance from Mikes Mighty Mechanics Shop at December 31, 2011 Mikes Mighty Mechanics Shop Trial Balance For the Year Ended December 31, 2011 Dr. Cr. 25 12 30 3 10 4 15 5 4 60 Account Cash Accounts Rec. Inventory Prepaid Rent Furniture Accumulated Amortization- Furniture Accounts Payable Salary Payable Unearned Revenue Mikes, Capital Mikes, Withdrawals Sales Revenue Sales Discounts Sales Returns and Allowances Wages Expense Salary Expense Rent Expense Utilities Expense Amortization Expense- Furniture 2 97 2 45 36 3 11 2 185 185 Required: Prepare an Income Statement, Statement of Equity and a Balance Sheet, all in good form
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