Question
Using the following information for Bobs Flowers for 200x, and trial balance accounts and balances on the work sheet provided, complete the work sheet, prepare
Using the following information for Bobs Flowers for 200x, and trial balance accounts and balances on the work sheet provided, complete the work sheet, prepare adjusting and closing journal entries, and (in good form) prepare a Income Statement, Statement of Retained Earnings and Balance Sheet. Expired insurance totals $8. Of the unearned revenue, all has been earned by the balance sheet date. Estimated depreciation of equipment is $6. Accrued wages equal $4. Unused supplies on hand are $4. Estimated income taxes are $2.
The question box would not allowed me to copy and paste the work sheet in. I have provided the numbers for the trial balance. but Also on the worksheet is the; adjustments, adjused trial balance, income statement, and balance sheet. Account Name Trial Balance
Debit / Credit
Cash 30
Accounts Receivable 20
Prepaid Insurance 12
supplies 10
Equipment 40
Accumulated depreciation- equipment 6
Accounts payable 12
unearned revenue 8
common stock 64
dividends 2
service revenue 48
wages expense 24
138 / 138
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