The unadjusted trial balance of Sindy Investment Advisers at December 31, 2025, follows: Adjustment data at December
Question:
The unadjusted trial balance of Sindy Investment Advisers at December 31, 2025, follows:
Adjustment data at December 31, 2025:
a. Unearned Revenue earned during the year, \($500\).
b. Supplies on hand, \($1,000\).
c. Depreciation for the year, \($6,000\).
d. Accrued Salaries Expense, \($1,000\).
e. Accrued Service Revenue, \($4,000\).
Requirements
1. Prepare a worksheet for Sindy Investment Advisers at December 31, 2025.
2. Prepare the income statement, the statement of owner’s equity, and the classified balance sheet in report format. Assume there were no owner contributions made during the year.
3. Prepare closing entries.
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Related Book For
Horngrens Accounting The Financial Chapters
ISBN: 9780137884858
14th Edition
Authors: Brenda Mattison, Tracie Miller-Nobles
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