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your Melance 30,2011 AN Crede erre $21.07 12 4.800 21.000 ht 27.500 Am her 3.000 40 Ruby www 4000 50 De Se 90 3.00 0

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your Melance 30,2011 AN Crede erre $21.07 12 4.800 21.000 ht 27.500 Am her 3.000 40 Ruby www 4000 50 De Se 90 3.00 0 2.500 930 sm 1100 Preparing financial statement from the worksheet The 2013 dhe -153 INSTRUCTIONS Praham One 54 2. pad antes orksheet and financial statemente, Jornaling ting edor The www Problem OS INSTRUCTIONS th 3 University Book Store Adjusted Trial Balance November 30, 2019 Account Name Debit Credit $ 23,075 3,812 4,600 21,000 27.500 $ Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Ruby Darbandi, Capital Ruby Dardandi, Drawing Fees Income Depreciation Expense-Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Totals 950 9,000 41,837 4,000 48,550 950 3,500 8.500 2.900 500 $100,337 $100,337 Problem 5.3A Objective 5-4 Preparing financial statements from the worksheet. The completed worksheet for Cantu Corporation as of December 31, 2019. after the company had completed the first month of operation, appears across the top vif pages 152-153 INSTRUCTIONS 1. Prepare an income statement 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet (use the report form Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of S1.700, what net income would have resulted your Melance 30,2011 AN Crede erre $21.07 12 4.800 21.000 ht 27.500 Am her 3.000 40 Ruby www 4000 50 De Se 90 3.00 0 2.500 930 sm 1100 Preparing financial statement from the worksheet The 2013 dhe -153 INSTRUCTIONS Praham One 54 2. pad antes orksheet and financial statemente, Jornaling ting edor The www Problem OS INSTRUCTIONS th 3 University Book Store Adjusted Trial Balance November 30, 2019 Account Name Debit Credit $ 23,075 3,812 4,600 21,000 27.500 $ Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Ruby Darbandi, Capital Ruby Dardandi, Drawing Fees Income Depreciation Expense-Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Totals 950 9,000 41,837 4,000 48,550 950 3,500 8.500 2.900 500 $100,337 $100,337 Problem 5.3A Objective 5-4 Preparing financial statements from the worksheet. The completed worksheet for Cantu Corporation as of December 31, 2019. after the company had completed the first month of operation, appears across the top vif pages 152-153 INSTRUCTIONS 1. Prepare an income statement 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet (use the report form Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of S1.700, what net income would have resulted

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