From the below Trial Balance, prapare Financial Statements (Income Statement & Balance Sheet) Trial Balance for...
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From the below Trial Balance, prapare Financial Statements (Income Statement & Balance Sheet) Trial Balance for TMZ Inc. for the period end 31 Dec 2022 PARTIQULARS Revenue Other Revenue Purchases/ Cost of Material Worker's Comp Premiums - Labour Sub-Contract Advertising and Promotion Meals and entertainment Depreciation - Equipment Insurance Interest and bank charges Bank charges Business Registration Office expenses Office stationery & supplies Legal fees Accounting fees Occupancy cost - Office in Home Exp Repairs and maintenance Repairs and maintenance-vehicles Salaries and wages Small tools Computer-related expenses Internet Fuel Cost Telephone & telicommunications General & addministrative expenses Cash Accounts Receivable Equipment Accumulated Depreciation - Equipment GST Payable Accounts Payable Bank Loan Capital DEBIT 0 0 12,600 1,540 3,260 1,100 1,350 840 120 45 160 2,230 440 1,320 800 1,240 830 480 3,510 115 330 860 360 680 220 0 13,220 3,240 4,840 0 0 0 0 0 56,550 CREDIT 34,400 530 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 820 820 1,680 6,120 12,180 56,550 From the below Trial Balance, prapare Financial Statements (Income Statement & Balance Sheet) Trial Balance for TMZ Inc. for the period end 31 Dec 2022 PARTIQULARS Revenue Other Revenue Purchases/ Cost of Material Worker's Comp Premiums - Labour Sub-Contract Advertising and Promotion Meals and entertainment Depreciation - Equipment Insurance Interest and bank charges Bank charges Business Registration Office expenses Office stationery & supplies Legal fees Accounting fees Occupancy cost - Office in Home Exp Repairs and maintenance Repairs and maintenance-vehicles Salaries and wages Small tools Computer-related expenses Internet Fuel Cost Telephone & telicommunications General & addministrative expenses Cash Accounts Receivable Equipment Accumulated Depreciation - Equipment GST Payable Accounts Payable Bank Loan Capital DEBIT 0 0 12,600 1,540 3,260 1,100 1,350 840 120 45 160 2,230 440 1,320 800 1,240 830 480 3,510 115 330 860 360 680 220 0 13,220 3,240 4,840 0 0 0 0 0 56,550 CREDIT 34,400 530 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 820 820 1,680 6,120 12,180 56,550
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Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
Posted Date:
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