Based on the trial balance of Robert Blair IT Consulting, as at January 31, 2016, prepare...

  

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Based on the trial balance of Robert Blair IT Consulting, as at January 31, 2016, prepare a balance sheet and income statement as at January 31, 2016. Robert Blair, IT Consulting Trial Balance As at January 31, 2016 Cash Accounts receivable Office equipment Accumulated Amort. - Equipment Bank loan payable Accounts payable Robert Blair, capital Consulting revenue Misc. revenue Rent expense Supplies expense Repairs and maintenance Salaries and wages Utilities expense Amortization expense Total Debit 15,000 2,500 7,000 1,000 3,000 5,000 4,800 1,200 1,000 40,500 Credit 1,000 1,000 2,000 19,500 15,000 2,000 40,500 Based on the trial balance of Robert Blair IT Consulting, as at January 31, 2016, prepare a balance sheet and income statement as at January 31, 2016. Robert Blair, IT Consulting Trial Balance As at January 31, 2016 Cash Accounts receivable Office equipment Accumulated Amort. - Equipment Bank loan payable Accounts payable Robert Blair, capital Consulting revenue Misc. revenue Rent expense Supplies expense Repairs and maintenance Salaries and wages Utilities expense Amortization expense Total Debit 15,000 2,500 7,000 1,000 3,000 5,000 4,800 1,200 1,000 40,500 Credit 1,000 1,000 2,000 19,500 15,000 2,000 40,500

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Balance Sheet As at January 31 2016 ASSETS Current Assets Cash 15000 Accounts Receivab... View the full answer