Use the information contained in the Adjusted Trial Balance to prepare an Income Statement, Statement of Owner's Equity, and Balance Sheet.

Assume no additional investments were made by the owner during the current accounting period.

Submit your completed MS Excel file in this folder.

Asana Delivery Service

Adjusted Trial Balance

Year Ending, December $31,2019$

Debit

Cash $ $58,000$

Accounts Receivable $120,000$

Interest Receivable $7,000$

Notes Receivable $210,000$

Office Supplies $22,000$

Trucks $134,000$

credit

Accumulated Depreciation$--$Trucks $ $58,000$

debit

Equipment $270,000$

credit

Accumulated Depreciation$--$Equipment $200,000$

debit

Land $100,000$

credit

Accounts Payable $134,000$

Interest Payable $20,000$

Salaries Payable $28,000$

Unearned Delivery Fees $120,000$

Long$-$term Notes Payable $200,000$

L$.$ Shelby, Capital $125,000$

debit

L$.$ Shelby, Withdrawals $50,000$

credit

Service Fees $611,800$

Interest Revenue $34,000$

debit

Depreciation Expense$--$Trucks $29,000$

Depreciation Expense$--$Equipment $48,000$

Salaries Expense $74,000$

Wages Expense $300,000$

Interest Expense $15,000$

Office Supplies Expense $31,000$

Advertising Expense $27,200$

Maintenance Expense$--$Trucks $32,000$

Miscellaneous Expense $3,600$

Totals $ $1,530,800$ $ $1,530,800$

Use the information in the Adjusted Trial Balance to prepare an Income Statement, Statement of Owner's Equity, & Balance Sheet.