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  1. business
  2. accounting
  3. prepare the income statement, statement of owner's

PREPARE THE INCOME STATEMENT, STATEMENT OF OWNER'S EQUITY AND CLASSIFIED BALANCE SHEET IN REPORT FORM...

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Accounting

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PREPARE THE INCOME STATEMENT, STATEMENT OF OWNER'S EQUITY AND CLASSIFIED BALANCE SHEET IN REPORT FORM

M N $350 Account Titles 3 Cash 4 Accounts Receivable 5 Office Supplies 6 Prepaid Insurance 7 Land 8 Equipment 9 Accumulated Depreciation - Equipment 10 Accounts Payable 11 Utilities Payable 12 Interest Payable 13 Unearned Revenue 14 Notes Payable 15 Waldo, Capital 16 Waldo, Withdrawis 17 Service Revenue 18 Salaries Expense 19 Rent Expense 20 Utilities Expense 21 Advertising Expense 22 Supplies Expense 23 Insurance Expense Interest Expense 25 Depreciation Expense - Equipment O P Q R S Unadjusted T/B Adjustments Adjusted T/B Debit ($) Credit ($) Debit($) Credit ($) Debit($) Credit ($) $56,090 $56,090 $3,600 $3,600 $2,800 $1,800 $1,000 $1,750 $1,400 $20.000 $20,000 $12,000 $12.000 $200 $200 $1,900 $1,900 $280 $280 $75 $1,440 $1,440 $15,000 $15,000 $70,000 $70,000 $5,500 $5,500 $19,600 $19,600 $3,800 $3,800 $1,200 $1,200 $280 $280 $1.200 $1.200 $1,800 $1,800 $350 $350 $75 $75 $200 $200 24 27 Total $108,220 $108,220 $2,425 $2,425 $108,495 $108,495

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