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Accounting
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4) (40 Points) Given th prepare a) an income statement for t for the same time frame; and c) a balance sheet dated December 31, 201X, for Baur e income statement columns and the balance sheet columns of the worksheet ement for the year ended December 31 ,201X, b) a statement of owner's equity Company. Trial Balance Adjustments Adj. Trial Balance Income Stmt Balance Sheet DR CR DR CR DR CR DR CR DR CR Cash 650 650 650 Accounts Receivable Supplies Prepaid Ins 400 250 400 400 75 300 400 -- b 175 c 100 75 300 7,000 Equipment 7,000 Accounts 7,000 800 800 6,000 2,000 800 6,000 2,000 Payable Capital 6,000 Fees Eamed 2,000 100 d 300 400 400 Wages Exp Totals 800 8,800 Depreciation Expense Accum Depreciation Supplies Expense Insurance Expense Wages 250 250 a 250 250 175 175 b 175 c 100 100 100 300 300 d 300 Payable 8,425 7,350 Totals 825 825 9,3509.350 925 2,000 Net Income 4
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