COMPREHENSIVE PROBLEM 1 PART B (CHAPTERS 1, 3, 4) Page 151 PEAK VIEW SPA, INC. ADJUSTED TRIAL BALANCE DECEMBER 31, 2019 ACCOUNT TITLES DEBIT CREDIT Accounts Payable Accounts Receivable Accumulated Depreciation-Building Accumulated Depreciation-Equipment Advertising Expense Building Cash Common Stock Depreciation Expense Dividends Equipment Income Tax Expense Income Taxes Payable Insurance Expense Interest Expense Interest Payable Notes Payable $10,900 $31,700 13,500 4,400 8,600 270,000 74,130 - 150,000 17,900 40,000 24,000 45,650 2,620 9,300 14,100 900 135,000 | Prepaid Insurance 4,800 0 Retained Earnings (January 1, 2019) Salaries & Wages Expense Salaries & Wages Payable Service Revenue t Spa Supplies Spa Supplies Expense Unearned Service Revenue Utilities Expense 156,800 1,410 394,500 540 16,200 7,500 7,010 $720 730720730 TOTALS COMPREHENSIVE PROBLEM 1 PART B (CHAPTERS 1, 3, 4) PEAK VIEW SPA, INC. INCOME STATEMENT Page 152 COMPLETE THE 01g 13441 500 S0 laries and undes ex0eI60 1400 oi Srane oorse Tnrame tax orperse Total exponses NeT Ome PEAK VIEW SPA, INC. STATEMENT OF RETAINED EARNINGs COMPLETE THE oti 1840 Ending hetained caninas COMPREHENSTVE PROBLEM 1 PART B (CHAPTERS 1, 3, 4) PEAK VIEW SPA, INC. BALANCE SHEET Page 153 COMPLETE THE DATE LINEDerembe cash 114130 Poge 154 COMPREHENSIVE PROBLEM 1 PART B (CHAPTERS 1, 3, 4 GENERAL JOURNAL DATE Post ref ACCOUNT TITLES DEBIT CREDIT 2019 CLOSING ENTRIES: GENERAL LEDGER T-ACCOUNTS (partial list) Retained Earnings #312 Income Summary #314