Question: 2. Using the below Adjusted Trial Balance, complete Reuben's Cubic Storage Income Statement, Statement of Changes to Owner's Equity and their Balance Sheet. When completing

 2. Using the below Adjusted Trial Balance, complete Reuben's Cubic Storage

2. Using the below Adjusted Trial Balance, complete Reuben's Cubic Storage Income Statement, Statement of Changes to Owner's Equity and their Balance Sheet. When completing the Statement of Changes in Owner's Equity, Mr. Clausen's capital account balance of $30,520 consists of a $20,520 balance on January 1, 2015, plus an additional $10,000 investment during 2015 (20 points) Reuben's Cubic Storage Adjusted Trial Balance December 31, 2015 Cash $3,050 Accounts receivable 400 Prepaid insurance 830 Office supplies 80 Office equipment 4,200 Accumulated depreciation office equipment $1,100 Buildings 98,000 Accumulated depreciation, buildings 28,000 Land 115,000 Wages payable 880 Property taxes payable 1,400 Interest payable 2,200 Uneamed rent 460 Long-term notes payable 178,000 Ruben Causen, capital 30.520 Ruben Clausen, with drawals 21,000 Rent earned 48.600 Wages expense 28,880 Utilities expense 1,900 Property taxes expense 2,400 Insurance expense 800 Office supplies expense 250 Depreciation expense, office equipment 400 Depreciation expense, building 5.570 Interest expense 8,400 Totals $291,160 $291,160

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