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touch 12:01 PM docs.google.com 36% The following is the adjusted trial balance of SOUMA company at December 31, 2019. SOU MA COMPANY Adjusted Trial
touch 12:01 PM docs.google.com 36% The following is the adjusted trial balance of SOUMA company at December 31, 2019. SOU MA COMPANY Adjusted Trial Balance December 31, 2019 Accounts Debit Credit Cas $30,000 Account Receivable 3,500 Buildings 50,000 Automotive 3,500 Equipment 20,000 Accumulated Depreciation Equipment $2,000 Patent 1,000 Accounts Payable 10,000 Salaries Payable 3,000 Interest Payable 5,000 Unearned Revenue 5,000 Notes Payable 5,000 Owners Capital 32.500 Owners Drawings 6,000 Service Reveme 61,500 Depreciation Expenses 2,000 Utilities Expenses 1,500 Interest Expen 1,000 Rent Expenses 3,000 Salaries Expenses 2.500 Total $124,000 $124.00 Based on the data above, the balance of Income Summary after closing revenues and expenses is: * Credit $61,500 Debit $10.000
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