Prepare an INCOME STATEMENT, STATEMENT OF OWNERS EQUITY AND BALANCE SHEET. Earth Bakery LTD Trial Balance July
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Prepare an INCOME STATEMENT, STATEMENT OF OWNER’S EQUITY AND BALANCE SHEET.
Earth Bakery LTD
Trial Balance
July 31, 2020
Account Titles | Trial Balance | |
Dr. | Cr. | |
| Cash | 950.00 | |
| Account Receivable | 600.00 | |
| Supplies | 150.00 | |
| Prepaid Rent | 500.00 | |
| Prepaid Insurance | 400.00 | |
| Equipment | 5,000.00 | |
| Accumulated Depreciation | 1,000.00 | |
| Account Payable | 600.00 | |
| Capital | 3,500.00 | |
| Revenue | 3,430.00 | |
| Wages Expense | 400.00 | |
| Depreciation Expense | 100.00 | |
| Rent Expense | 250.00 | |
| Supplies Expense | 100.00 | |
| Insurance Expense | 80.00 | |
| Total | 8,530.00 | 8,530.00 |
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