The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. Number Account Title 101 Cash 126 128 167 168 173 174 183 201 203 208 210 213 236 251 301 302 404 406 409 606 612 623 633 637 640 652 683 TYBALT CONSTRUCTION Adjusted Trial Balance December 31 Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Building Accumulated depreciation-Building Land Accounts payable Interest payable Rent payable Wages payable Property taxes payable Unearned revenue Long-term notes payable 0. Tybalt, Capital 0. Tybalt, Withdrawals Services revenue Rent revenue Interest revenue Depreciation expense-Building Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Totals Debit $ 5,000 31,100 7,000 40,000 150,000 55,000 13,000 11,000 6,000 52,900 5,100 Credit $ 20,000 Prey 50,000 16,500 2,500 3,500 2,500 900 14,500 60,000 126,400 97,000 14,000 4,100 10,000 13,400 7,400 5,000 $ 411,900 $ 411,900 Oro Tybalt invested $5,000 cash in the business during the year. The O. Tybalt, Capital account balance was $121,400 on December 31 1 of 1 SE SHE BEAUK Next
Propare the incume stotement for the cirrent yoar ended Dec,ember 31. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credies. 4. rrepare the recessary closing enthes at vecemoer st or une current year. Complete this question by entering your answers in the tabn below. Prepore the statement of owner's equity for the current year anded December 31 The adjusted trial baiance for Tybalt Construction on December 31 of the current year follows. Adjuititod Trial Balance Decembar, 31 101 Cain 176: Brotiolion 12e propald finaurance 167 Equif at 169 Accunulated depreciation-Zquipenent 177 Buflding 174 Aceuablated deprecintion-auilding 1lez hand 201 Accounta payable 203 Interest payable 20B Rent payable 210. Nagea payable 213. Property taxne payable 236 Unearned revonue 251 tong-tern notei payable 301 o. Tybalt, capital 302. 0. Iybalt, withdrawals 404 Servicen revenian tos lost revesue 40 interest rovende 606 Depreciation expenso-putiding 612 Depreciation expenso-Eguipment: 623 Magex expenoe taterent expenase fosurance axponse Thent axpopase Buppliter expenes Property takes expenase Dobit Crodit: Totals $5,000 11, 100 7,000 40,000 150,000 $20,000 55,000 50,000 16,500 2,500 3,500 2,500 900 14,500 60,000 126,400 13,000 97.000. 14,000 4,100 4,000 11, 000 6,000 52,900 5,100 10,000 12. 400 12,4007,4005,0005411,900$411,900 Oro Tvbalt invested $5,000 cash in the business during the vear. The 0 . Tybait, Copitai account balance was $121,400 on 0 ecember 31 Prev 1 of 1 its Nod Preparn the classified balonce sheat at December 31 of the c
