Activity 3.b - More Practice with Preparing the Balance SheetPrepare the Balance Sheet from the Adjusted Trial Balance and Statement of Owner's Equity. Within each section of the statement, enter the accounts, the account balances and calculate ending balances. Enter any decreases with a minus sign or parentheses

SMART TOUCH LEARNING SMART TOUCH LEARNING Adjusted Trial Balance Statement of Owner's Equity December 31, 2016 Month Ended December 31, 2016 Balance Bright, Capital, December 1, 2016 25,000 Account Title Debit Credit 18,900 Net income for the month 45,300 ounts Receivable 10,400 70,300 ce Supplies 200 Bright, Withdrawals (32, 100) paid Rent 12,600 Bright, Capital, December 31, 2016 38,200 niture 22, 100 umulated Depreciation-Furniture 7,500 ounts Payable 2,500 aries Payable 600 rest Payable 300 arned Revenue 6,300 es Payable 8,800 ght, Capital 25,000 ht, Withdrawals 32,100 ice Revenue 57,200 reciation Expense-Furniture 2,500 rest Expense 300 Expense 3,700 ries Expense 4,400 plies Expense 1,000 108,200 108,200 SMART TOU