Worksheet data for DeSousa Company are presented in E4.2. 

Instructions

Prepare an income statement, a retained earnings statement, and a classified balance sheet.

Worksheet from E4.2

Transcribed Image Text:

DeSousa Company Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balance Sheet Dr. Cr. Account Titles Dr. Cr. Dr. Cr. Cash 10,000 7,840 2,280 23,050 Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable 4,921 5,700 4,920 20,000 7,960 3,650 15,590 10.840 760 671 57 57 Totals 59,148 59,148