The adjusted trial balance of Wilder Company at December 31, 2022, includes the following accounts: Owners Capital
Question:
The adjusted trial balance of Wilder Company at December 31, 2022, includes the following accounts: Owner’s Capital $15,600, Owner’s Drawings $7,000, Service Revenue $39,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Supplies Expense $1,500, and Depreciation Expense $1,300. Prepare an income statement for the year.
Step by Step Answer:
39000 16000 2000 1500 1300 18200 Serv rev Sal wages exp Ins exp Supp e...View the full answer
College Accounting
ISBN: 1986
1st Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
Related Video
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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