Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

which items go on balance sheet which items go on income statement 18098 Sudduth Detailing Services, Inc. Adjusted Trial Balance December 31, 2018 Account No.

which items go on balance sheet which items go on income statement

image text in transcribed

18098 Sudduth Detailing Services, Inc. Adjusted Trial Balance December 31, 2018 Account No. Credit Balances Debit Balances 43,535 17,790 1,225 4,000 3,850 20,000 -23000 11 12 14 15 16 18 19 21 22 23 31 32 41 51 52 53 54 55 59 Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Fees John Sudduth, Capital John Sudduth, Drawing Detailing Services Salary Expense Supplies Expense Rent Expense Depreciation Expense Insurance Expense Miscellaneous Expense 400 1,600 275 62,350 50,000 18,000 64,550 3,575 2,800 2,000 400 350 1,650 119,175 119,175 Add Utlities 53,28 pajabu

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions