Question
The following is the Easton Company's adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Title Debit Credit Cash $88,665 DR Accounts
The following is the Easton Company's adjusted Trial Balance.
Easton Company
Adjusted Trial Balance
December 31, 2018
Account Title Debit Credit
Cash $88,665 DR
Accounts Receivable 232,000DR
Supplies 17,000DR
Equipment 395,000 DR
Accumulated Depreciation $224,260 CR
Accounts Payable 72,555CR
Capital Stock 220,000CR
Retained Earnings 127,145CR
Service Revenue 877,105CR
Interest Income 5,500CR
Dividends 7,000 DR
Rent Expense 59,900DR
Wages Expense 529,000DR
Supplies Expense 40,000DR
Utilities Expense 8,000DR
Depreciation Expense 150,000DR ______
Totals $1,526,565 $1,526,565
Use this information to prepare the Balance Sheet for the fiscal year.
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