Prepare worksheet, financial statements, and adjusting and closing entries prepare an income statement and owner's equity statement

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Prepare worksheet, financial statements, and adjusting and closing entries prepare an income statement and owner's equity statement for the month of March and a classified balance sheet at March 31. Warren made an additional investment to the business of 10000 in March.
Warren Roofing Worksheet For the month ended March 31, 2017 Account titles Cash: DR. 4500 Accounts Receivable: DR.3200 S

Other Data
1) A physical count reveals only 480 of roofing supplies on hand
2) Depreciation for March is 250
3) Unearned revenue announced to 260 at March 31
4) Accrued salaries are 700
5) Adjusted trial balance 24450, net income 2420, total assets 17680

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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