This alphabetized adjusted trial balance is for Mad Catz Courier as of its December 31, 2023, month-end:

Required
Use the information in the trial balance to prepare:
1. The income statement for the month ended December 31, 2023.
2. The statement of changes in equity for the month ended December 31, 2023, assuming the owner invested $127,000 during December.
3. The balance sheet as of December 31, 2023.

Transcribed Image Text:

Accounts payable Accounts receivable Accumulated depreciation, equipment Accumulated depreciation, trucks Advertising expense Cash Delivery revenue Depreciation expense, equipment Depreciation expense, trucks Equipment Interest income Interest expense Interest payable Interest receivable Land Long-term notes payable Madison Catz, capital Madison Catz, withdrawals Notes receivable (due in 90 days) Office supplies Office supplies expense Repairs expense Salaries expense Salaries payable Trucks Unearned delivery revenue Wages expense Totals Debit $ 25,000 9,800 14,000 23,000 12,000 130,000 650 125 60,000 5,000 100,000 1,800 5,400 17,300 41,000 62,000 Credit $ 37,000 95,000 24,000 190,000 250 325 100,000 152,500 15,000 55,000 162,000 $669,075 $669,075