Question: I seem to be missing information on my income statement for my balance sheet but I can't find the error. Please view the images below





X Answer is not complete. Requirement Journal General Ledger Trial Balance Income Statement St Owner Equity Balance Sheet Impact on income Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted or adjusted balances will appear for each account, based on your selection. Include all balance sheet accounts, even those with zero balances. Adjusted Wright Technical Institute Balance Sheet December 31 Assets Current assets Cash Accounts receivable Teaching supplies Prepaid insurance 70,525 9,500 3,520 9.600 49,000 (29,400) - 19,600 Piant assets Professional library Accumulated depreciation - Professional library Professional library, net Equipment Accumulated depreciation - Equipment Equipment, net Total plant assets Total assets - 52,000 (15,600) 36.400 56,000 149.145 $ Liabilities Current liabilities Unearned training fees Accounts payable Salaries payable BIO 9,000 33,200 640 Total liabilities 42,840 Equity K. Wright, Capital 106,305 Requirement General Journal General Ledger Trial Balance Income Statement St Owner Equity Balance She Use the drop-downs to select the accounts properly included on the income statement. balances will appear for each account, based on your selection. Adjusted - Wright Technical Institute Income Statement For Year Ended December 31 Revenues Tuition fees earned Training fees earned 143,500 51,000 O S S 194,500 Total revenues Expenses Depreciation expense - Professional library Depreciation expense - Equipment Salaries expense Insurance expense 9,800 5,200 51.440 2.400 $ 194,500 Total revenues Expenses Depreciation expense - Professional library Depreciation expense - Equipment Salaries expense Insurance expense Teaching supplies expense Advertising expense Utilities expense Rent expense rocessor 9,800 5,200 51,440 2,400 5,380 6,175 6,700 45,600 SEO 0 Total expenses Net income 132,695 61,805 $ Trial Balance St Owner Equity> Credo Debit 70,525 9,500 3,520 9,600 49,000 29,400 52.000 Account Title Cash - Accounts receivable Teaching supplies . - Prepaid insurance Professional Ibrary Accumulated depreciation - Professional library Equipment Accumulated depreciation - Equipment - Accounts payable Salaries payable Unearned training fees K Wright, Capital K. Wright, Withdrawals Tuition fees earned Training fees earned Depreciation expense - Professional library Depreciation expense - Equipment Salaries axence 15,600 33 200 640 9,000 96,000 51,500 143.500 51,000 9.800 5.200 5144 51,500 143,500 51,000 K Wright, Withdrawals Tuition fees earned Training fees earned Depreciation expense - Professional library Depreciation expense - Equipment Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Total 9,800 5.200 51,440 2,400 45,600 5,380 6.175 6,700 378,340 5 378.340
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