Question: Hello, I am looking for this comprehensive assignment to be solved. I need a worksheet, income statement, Statement of Owner's Equity, Balance Sheet & Post
Hello, I am looking for this comprehensive assignment to be solved. I need a worksheet, income statement, Statement of Owner's Equity, Balance Sheet & Post Closing Trial Balance for this problem.
| Adjusting Entries: | ||||||||||||||
| A. Prepaid Insurance which has expired $120. | ||||||||||||||
| B. Ending Supplies Inventory is $40. | ||||||||||||||
| C. Fees earned but not yet received is $255. | ||||||||||||||
| D. Depreciation on the Office Equipment for this year, $50. |
Many Many thanks!
rks Adjustments Debit 8 rial Balance Adjusted Trial Balance Income Statement Credit alance Sheet Debit Debit Credit Credit Debit Credit Debit Credit 10 Cash 11 Accounts Receivable 12 Supplies 13 Prepaid Insurance 14 Office Equipment 15 Accum. Depr-Office Equip 16 Accounts Payable 17 A. March, Capital 2,420 400 370 720 2,000 810 2,760 18 A. March, Drawing 250 19 Fees Earned 20 Wages Expense 21 Rent Expense 22 Utilities Expense 23 Supplies Expense 24 Insurance Expense 25 Depreciaton Expense-Office Equip 26 Totals 27 Net income or loss 28 Totals 3,300 220 250 240 6,870 6,870
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