con contexternal browserslaunchur https%253A%252F%252Fms.meducation.com%25 saved ine adjusted that balance for Tyball construction on December 1 of the current year follows Credit Debit $ 5,000 32.900 7,200 50,000 $ 25,000 171.000 57.000 50,760 203 TYBALT CONSTRUCTION Adjusted Trial Balance December 31 Number Account Title 101 Cash 126 Supplies 128 Prepaid Insurance 107 Equipment 163 Accumulated depreciation Equipment 173 Building 174 Accumulated depreciation-Bullding 183 Land 201 Accounts payable 203 Interest payable Rent payable 210 Mages payable 213 Property taxes payable 236 Unearned revenue 251 Long-term notes payable 301 0. Tybalt, Capital 302 0. Tybalt, withdrawals 400 Services revenue 400 Rent revenue 409 Interest revenue 606 Depreciation expense-building 612 Depreciation expense-Equipment 623 Mages expense Interest expense 632 Insurance expense 410 Hent expense 652 Supplies expense 683 Property taxes expense Totals 16,000 2,600 3.500 2,300 900 13,300 60,000 130,400 11,300 98,000 15,500 5,000 12,540 7,500 44.300 4.400 10,000 12,600 6,000 4.000 $ 429,500 5.429,500 Oro Tybalt invested $5,000 cash in the business during the year. The o Tybalt, Capital account balance was $125,400 on December 31 of the prior year Required: 10. Prepare the income statement for the current year ended December 31 1b. Prepare the statement of owner's equity for the current year ended December 31 1c. Prepare the classified balance sheet at December 31 of the current year 2. Prepare the necessary closing entries at December 31 of the current year Comlete this Oro Tybalt invested $5.000 cash in the business during the year The o Tybalt, Capital account balance was $125 400 on December 31 of the prior year Required: 10. Prepare the income statement for the current year ended December 31 1b. Prepare the statement of owner's equity for the current year ended December 31 1c. Prepare the classified balance sheet at December 31 of the current year 2. Prepare the necessary closing entries at December 31 of the current year Complete this question by entering your answers in the tabs below. Required Required 10 Required 10 Required 2 Prepare the statement of owner's equity for the current year ended December 31 TYBALT CONSTRUCTION Statement of Owner's Equity For Year Ended December 31 o Tybalt Capital December 31 prior year Tybalt, Capital December 31 current year Oro Tybalt invested $5,000 cash in the business during the year. The o Tybalt Capital account balance was $125.400 on December 31 of the prior year Required: 10. Prepare the income statement for the current year ended December 31 1b. Prepare the statement of owner's equity for the current year ended December 31 1c. Prepare the classified balance sheet at December 31 of the current year 2. Prepare the necessary closing entries at December 31 of the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 Required 2 Prepare the classified balance sheet at December 31 of the current year. TYBALT CONSTRUCTION Balance Sheet December 31 Prov 1 of !!! Next > Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 10 Required 2 Prepare the necessary closing entries at December 31 of the current year. View transaction list Journal entry worksheet Oro Tybalt invested $5,000 cash in the business during the year. The o Tybalt Capital account balance was $125.400 on December 31 of the prior year Required: 10. Prepare the income statement for the current year ended December 31 1b. Prepare the statement of owner's equity for the current year ended December 31 1c. Prepare the classified balance sheet at December 31 of the current year 2. Prepare the necessary closing entries at December 31 of the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 Required 2 Prepare the classified balance sheet at December 31 of the current year. TYBALT CONSTRUCTION Balance Sheet December 31 Prov 1 of !!! Next > Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 10 Required 2 Prepare the necessary closing entries at December 31 of the current year. View transaction list Journal entry worksheet