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The following is an Adjusted Trail Balance of Sunrise Company Please prepare a multiple step income statement and a classified balance sheet according to this
The following is an Adjusted Trail Balance of Sunrise Company Please prepare a multiple step income statement and a classified balance sheet according to this adjusted trial balance Adjusted Trial Balance Debit Account Title Cash Accounts Receivable Supplies Prepaid Insurance Land Office Equipment Accumulated Depreciaiton Accounts Payable Wages Payable Unearned Rent Owner's Capital Owner's Drawirg Sales Cost of Goods Sold Wages Expense Supplies Expense Rent Expense Utilities Expense Insurance Expense Depreciation Expense Miscellaneous Expense Credit 2,065 2,720 760 2,200 20,000 1,800 50 900 250 240 25,000 4,000 43,000 26,040 4,525 2,040 1,600 985 200 50 455 69,440 69,440
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