Fresh Harvest Company ADJUSTED TRIAL BALANCE on 30thSeptember 2023 Account Debit Credit Cash 13,500 Account Receivable 19,000
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Fresh Harvest Company ADJUSTED TRIAL BALANCE on 30thSeptember 2023 | ||
Account | Debit | Credit |
Cash | 13,500 | |
Account Receivable | 19,000 | |
Service Revenue | 27,000 | |
Equipment | 25,000 | |
Depreciation Expense - Equipment | 2,500 | |
Accumulated depreciation - Equipment | 2,500 | |
Transportation expenses | 1,700 | |
Rent expense | 1,500 | |
Prepaid Rent | 3,000 | |
Insurance Expense | 300 | |
Prepaid Insurance | 3,300 | |
Inventory | 20,000 | |
Internet and phone services expense | 1,300 | |
Water Charges | 400 | |
Marketing Expense | 2,000 | |
Local farmers expense | 6,000 | |
Capital | 70,000 | |
Total | 99,500 | 99,500 |
Make tables of Income Statement, Changes in Equity and classified Balance Sheet. Include a brief comment as to my business’ profitability (or not).
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