Question
Worksheet data for Savaglia Company are presented below.The owner did not make any additional investments in the business in April. SAVAGLIA COMPANY Worksheet (Partial) For
Worksheet data for Savaglia Company are presented below.The owner did not make any additional investments in the business in April. SAVAGLIA COMPANY Worksheet (Partial) For the Month Ended April 30, 2017 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation - Equip 4,900 Notes Payable 5,700 Accounts Payable 4,920 Owner's Capital 27,960 Owner's Drawings 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 650 Interest Expense 57 Interest Payable 57 Totals 59,127 59,127 Instructions: Prepare an income statement, an owner's equity statement, and a classified balance sheet. NOTE:Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" .
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