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The following is an alphabetized adjusted trial balance for the Hotel as of its December 31, 2020 month-end Use the information above for the Humber
The following is an alphabetized adjusted trial balance for the Hotel as of its December 31, 2020 month-end
Use the information above for the Humber Hotel, to prepare an income statement for the month ended December 31, 2020.
Debit Credit Accounts payable Accounts receivable Accumulated depreciation, equipment.... Accumulated depreciation, trucks Advertising expense Cash Delivery revenue Depreciation expense, equipment Depreciation expense, trucks Equipment Interest income Interest expense Interest payable Interest receivable Land Long-term notes payable Madison Catz, capital Madison Catz, withdrawals Notes receivable (due in 90 days) Office supplies Office supplies expense Repairs expense Salaries expense Salaries payable Trucks Unearned delivery revenue Wages expense Totals $ 37,000 $ 25,000 95,000 24,000 9,800 14,000 190,000 23,000 12,000 130,000 250 650 325 125 60,000 100,000 152,500 5,000 100,000 1,800 5,400 17,300 41,000 15,000 62,000 55,000 162.000 $669,075 $669,075Step by Step Solution
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