The adjusted trial balance for Spruce Up Catering, Inc., is presented next. Prepare the income statement, statement
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The adjusted trial balance for Spruce Up Catering, Inc., is presented next. Prepare the income statement, statement of retained earnings, and balance sheet for Spruce Up Catering, Inc., for the month ended January 31, 2010.
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Spruce Up Catering, Inc. Adjusted Trial Balance January 31, 2010 ACCOUNT Cash Accounts Receivable Supplies DEBIT CREDIT $ 6,500 6,000 400 Equipment Accumulated Depreciation, Equipment Accounts Payable 26,600 $ 6,800 2,300 Salary Payable 1,100 Unearned Service Revenue 1,900 Common Stock 5,200 Retained Earnings 11,100 Dividends 1,100 Service Revenue 20,100 Salary Expense 3,800 Rent Expense 1,700 Depreciation Expense, Equipment 1,500 Supplies Expense 900 Total $48,500 $48,500
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