From the trial balance of Tupuolas Janitorial Services in Figure 2.5, prepare the following for March:
Question:
From the trial balance of Tupuola’s Janitorial Services in Figure 2.5, prepare the
following for March:
• Income statement
• Statement of owner’s equity
• Balance sheet
Transcribed Image Text:
Cash Equipment Accounts Payable L. Tupuola, Capital L. Tupuola, Withdrawals Cleaning Fees Salaries Expense Utilities Expense Totals TUPUOLA'S JANITORIAL SERVICES TRIAL BALANCE MARCH 31, 202X Dr. 75000 50000 5500 Cr. |4|0000 72600 4660 0 12500 16200 159200 159200 N
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780137504282
15th Edition
Authors: Jeffrey Slater, Mike Deschamps
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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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