Case2: Justice Law Firm is a Partnership company; Use the below Adjusted Trial Balance on December...
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Case2: Justice Law Firm is a Partnership company; Use the below Adjusted Trial Balance on December 31-2022. To prepare the financial .statement : 31 . Account name Cash Land Justice Law Firm Adjusted Trial Balance December 31.2022 Accounts receivable Prepaid insurance Supplies Equipment Accumulated Depreciation (Equipment) Accounts Payable Notes payable Interest payable Salaries and wages payable Unearned service revenue Owners' capital - partner #1 (30%) Owner capital partner #2 (70% Owners Drawings partner #1 (30%) Service Revenue Salaries and wages expenses Supplies expenses Depreciation expenses Rent expenses Insurance expenses Interest expenses Total Dr. 55000 45000 32000 7000 12000 35000 4000 Cr. 3600 3500 35000 1500 5500 9000 19200 44800 144400 47000 14000 2500 9000 3500 500 266500 266500 Case2: Justice Law Firm is a Partnership company; Use the below Adjusted Trial Balance on December 31-2022. To prepare the financial .statement : 31 . Account name Cash Land Justice Law Firm Adjusted Trial Balance December 31.2022 Accounts receivable Prepaid insurance Supplies Equipment Accumulated Depreciation (Equipment) Accounts Payable Notes payable Interest payable Salaries and wages payable Unearned service revenue Owners' capital - partner #1 (30%) Owner capital partner #2 (70% Owners Drawings partner #1 (30%) Service Revenue Salaries and wages expenses Supplies expenses Depreciation expenses Rent expenses Insurance expenses Interest expenses Total Dr. 55000 45000 32000 7000 12000 35000 4000 Cr. 3600 3500 35000 1500 5500 9000 19200 44800 144400 47000 14000 2500 9000 3500 500 266500 266500
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Youve provided an image of an adjusted trial balance for the Justice Law Firm as of December 31 2022 To use this information to prepare the financial ... View the full answer
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