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Weber Inc. Adjusted Trial Balance Adam Uppe started Weber Inc. on March 1, 2014. The adjusted trial balance shown below has been prepared for Weber
Weber Inc. Adjusted Trial Balance Adam Uppe started Weber Inc. on March 1, 2014. The adjusted trial balance shown below has been prepared for Weber Inc. as of March 31, 2014. Use this information to prepare the income statement and statement of changes in equity for the month ended March 31 along with the March 31 balance sheet. March 31, 2014 Debit Credit Accounts payable... 39,500 Accumulated depreciation, equipment... 18,500 Accumulated depreciation, trucks.. 5,000 Bonds payable.. 87,500 Cash. 48,000 Consulting revenue earned. 50,500 Depreciation expense, equipment. 18,500 Depreciation expense, trucks.. 5,000 Dividends. 32,500 Equipment 122,500 Interest earned. 38,000 Interest expense Notes receivable.. Rent earned... 12,000 171,000 110,500 Rent receivable... 74,000 Share capital 117,000 Short-term notes payable... 130,000 Trucks 113,000 Totals 596,500 596,500 X X X X X XX (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) (select one) Balance Sheet (select one) Share Retained Total Capital Earnings Equity
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