Question: Alert Security Services Co . offers security services to business clients. The adjusted trial balance is presented below. Alert Security Services Co . End -

Alert Security Services Co. offers security services to business clients. The adjusted trial balance is presented below.
Alert Security Services Co.
End-of-Period Spreadsheet
For the Year Ended October 31,20Y7
1
Adjusted
Adjusted
2
Trial Balance
Trial Balance
Income Statement
Income Statement
Balance Sheet
Balance Sheet
3
Debit
Credit
Debit
Credit
Debit
Credit
4
Cash
12.00
5
Accounts Receivable
103.00
6
Supplies
4.00
7
Prepaid Insurance
2.00
8
Land
190.00
9
Equipment
50.00
10
Accumulated Depreciation-Equipment
7.00
11
Accounts Payable
36.00
12
Wages Payable
1.00
13
Brenda Schultz, Capital
260.00
14
Brenda Schultz, Drawing
8.00
15
Fees Earned
213.00
16
Wages Expense
111.00
17
Rent Expense
12.00
18
Insurance Expense
10.00
19
Utilities Expense
6.00
20
Supplies Expense
4.00
21
Depreciation Expense
3.00
22
Miscellaneous Expense
2.00
23
$517.00
$517.00
24
Net income (loss)
25
Prepare an income statement, statement of owners equity, and balance sheet for Alert Security Services Co.(Note: Be sure to read the instructions for each financial statement carefully.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!