Dave Hair Stylists adjusted trial balance follows. Prepare Daves income statement for the year ended December 31,2015.
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Dave Hair Stylists’ adjusted trial balance follows. Prepare Dave’s income statement for the year ended December 31,2015.
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DAVE HAIR STYLISTS Adjusted Trial Balance December 31, 2015 Balance Debit Account Title Cash Accounts Receivabie Office Supplies Equipment Accumulated Depredation-Equipment Accounts Payabie Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense Equpment Interest Expense otal Credit 800 500 900 19,100 1,000 200 100 2,500 10,500 900 14,800 4,500 300 1,000 1,200 S29,100 $29,100
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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