Question
The following trial balance is given to you for the month ended March 31st 2021. Using the information provided, prepare an income statement, statement of
The following trial balance is given to you for the month ended March 31st 2021. Using the information provided, prepare an income statement, statement of changes in equity and a balance sheet as a March 31st 2021
Account debit credit accounts payable $46,000
accounts receivable $3000
building $80,000
cash $17,000
revenue $126,000
Ara’s capital $122,000
Ara’s with drawls $18,000
land $84,000
machinery $50,000
notes payable $114,000
office supplies $3000
office supplies expense $7000
wages expense $146,000
Total $408,000
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
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