MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as...
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Accounting
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows:
Account
Credit
No.
101
124
128
167
168
201
210
301
302
401
612
623
637
640
650
690
Cash
Shop supplies
Prepaid insurance
Equipment
Accumulated depreciation, equipment
Accounts payable
Wages payable
Mike Yang, capital
Mike Yang, withdrawals
Repair revenue
Depreciation expense, equipment
Wages expense
Insurance expense
Rent expense
Office supplies expense
Utilities expense
Totals
Debit
$ 27,500
1,550
3,700
85,500
$ 7,000
18,500
8,360
135,000
33,500
153,130
8,000
104,000
1,650
49,850
4,300
2,440
$321,990 $321,990
There were no investments by the owner during the year.
Prepare an income statement for the year ended December 31, 2023. also prepare a statement of changes in equity for the year ended dec 31,2023. also prepare balance sheet at dec 31,2023
MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows:
Account
Credit
No.
101
124
128
167
168
201
210
301
302
401
612
623
637
640
650
690
Cash
Shop supplies
Prepaid insurance
Equipment
Accumulated depreciation, equipment
Accounts payable
Wages payable
Mike Yang, capital
Mike Yang, withdrawals
Repair revenue
Depreciation expense, equipment
Wages expense
Insurance expense
Rent expense
Office supplies expense
Utilities expense
Totals
Debit
$ 27,500
1,550
3,700
85,500
$ 7,000
18,500
8,360
135,000
33,500
153,130
8,000
104,000
1,650
49,850
4,300
2,440
$321,990 $321,990
There were no investments by the owner during the year.
Prepare an income statement for the year ended December 31, 2023. also prepare a statement of changes in equity for the year ended dec 31,2023. also prepare balance sheet at dec 31,2023
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