HINT Activity 3.a - Prepare a Balance Sheet Prepare the Balance Sheet from the Adjusted Trial Balance and Statement of Owner's Equity. Within each section of the statement, use the drop-down menus to enter the accounts and select the account balances. Enter any decreases with a minus sign or parentheses. SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 SMART TOUCH LEARNING Statement of Owner's Equity Month Ended December 31, 2016 Balance Bright, Capital, December 1, 2016 18,800 Account Title Debit Credit Cash 34,200 14200 Net income for the month Accounts Reccivable 53,000 7.800 Office Supplies (24,300) 100 Bright, Withdrawals 28,700 Prepaid Rent 9,500 Bright, Capital, December 31, 2016 Furniture 16,600 Accumulated Depreciation--Furniture 5,700 Accounts Payable 1,900 Salaries Payable 400 Interest Payable 200 Unearned Revenue 4.700 Notes Payable 6,600 Bright, Capital 18,800 Bright Withdrawals 24,300 Bright, Withdrawals 24,300 Service Revenue 43,100 Depreciation Expense-- Furniture 1,900 Interest Expense 200 Rent Expense 2,800 Salaries Expense 3,300 Supplies Expense 700 Total 81,400 81,400 Assets Liabilities Less: 10,900 Total Liabilities 13,800 Owner's Equity Total 81,400 81,400 Assets Liabilities Less: 10,900 Total Liabilities 13,800 Owner's Equity Total Assets 42,500 Total Liabilities and Owner's Equity 42,500 CHECK