ive been completely lost on this. i need the adjusted trial balance completed, and to prepare an
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ive been completely lost on this. i need the adjusted trial balance completed, and to prepare an income statement, statement of retained earnings, and a balance sheet please.
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a. The building has an estimated life of 25 years and a salvage value of $20,000. b. Truck # 1 cost $28,000 and has a salvage value of $3100. It should last for 5 years. c. Truck # 2 cost $33,000 and has a salvage value of $4200. It should last five years. d. Lift #1, 2 and 3 will each have a salvage value of $900 and last for 10 years. Lift 1 cost $7900, Lift 2 cost $4500 and Lift 3 cost $5000. e. Furniture and Equipment cost $32,800 with a $2000 salvage value and will last 7 years. f. The computer cost $6100, last five years and a salvage value of $1300 Complete the Adjusted Trial Balance Prepare an Income Statement, Statement of Retained Earnings, Balance Sheet. a. The building has an estimated life of 25 years and a salvage value of $20,000. b. Truck # 1 cost $28,000 and has a salvage value of $3100. It should last for 5 years. c. Truck # 2 cost $33,000 and has a salvage value of $4200. It should last five years. d. Lift #1, 2 and 3 will each have a salvage value of $900 and last for 10 years. Lift 1 cost $7900, Lift 2 cost $4500 and Lift 3 cost $5000. e. Furniture and Equipment cost $32,800 with a $2000 salvage value and will last 7 years. f. The computer cost $6100, last five years and a salvage value of $1300 Complete the Adjusted Trial Balance Prepare an Income Statement, Statement of Retained Earnings, Balance Sheet.
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