Question
The following is the Trial balance has been extracted from the accounts of Green Lawn Care, Inc. as on 31 st December, 2019 Green Lawn
The following is the Trial balance has been extracted from the accounts of Green Lawn Care, Inc. as on 31st December, 2019
Green Lawn Care, Inc. Trial Balance December 31, 2019 (Amounts in SAR) | ||
Cash | 8,700 |
|
Accounts Receivable | 20,600 |
|
Prepaid Insurance | 4,400 |
|
Supplies | 1,950 |
|
Land | 45,000 |
|
Building | 134,500 |
|
Equipment | 80,100 |
|
Accounts Payable |
| 7,500 |
Unearned Revenue |
| 6,000 |
Capital Stock |
| 15,300 |
Retained Earnings (Begin) |
| 54,000 |
Dividends | 8,000 |
|
Fees Earned |
| 347,400 |
Salaries and Wages Expense | 70,200 |
|
Utilities Expense | 23,200 |
|
Advertising Expense | 18,000 |
|
Repairs Expense | 11,500 |
|
Miscellaneous Expense | 4,050 |
|
Totals | 430,200 | 430,200 |
Green Lawn Care, Inc. Statement of Retained Earning as on Dec,31, 2019-- | |
Retained Earnings (Begin) |
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Add Net Income |
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Less Dividends |
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Retained Earnings (End) |
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Green Lawn Care, Inc. Statement of Balance Sheet as on Dec,31, 2019-- | |||
Assets | SAR | Liabilities & Equity | SAR |
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Total |
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