Prepare the Adjusted trial balance Prepare the Income statement, Statement of owner's equity, and the balance...

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Prepare the Adjusted trial balance Prepare the Income statement, Statement of owner's equity, and the balance sheet. Prepare the Closing journal entries and Post-closing trial balance Trial Balance Month Ended Nov 30, 20XX ACCOUNT NAME DEBIT CREDIT 100 Cash 26,500 110 Accounts Receivable-Franklin 1,900 115 Accounts Receivable-Washington 1,400 120 Supplies 900 130 Prepaid Insurance 2,400 140 *Equipment 5,000 141 Accumulated Depreciation - Equipment 2,000 200 Accounts Payable-Gusto Inc. 210 Wages Payable 220 *Uneamed Revenue 300 Leah Tyler, Capital 302 Leah Tyler, Drawing 400 Revenue eamed 500 Wages Expense 3,200 1,600 3,000 43,200 49,100 104,000 35,200 501 Utilities Expense 502 Supplies Expense 503 Rent Expense 504 Depreciation Expense 505 Insurance Expense OTAL 157,000 157,000 Opening balances Journal Entries T-Acco 8,800 1,600 24,200 Prepare the Adjusted trial balance Prepare the Income statement, Statement of owner's equity, and the balance sheet. Prepare the Closing journal entries and Post-closing trial balance Trial Balance Month Ended Nov 30, 20XX ACCOUNT NAME DEBIT CREDIT 100 Cash 26,500 110 Accounts Receivable-Franklin 1,900 115 Accounts Receivable-Washington 1,400 120 Supplies 900 130 Prepaid Insurance 2,400 140 *Equipment 5,000 141 Accumulated Depreciation - Equipment 2,000 200 Accounts Payable-Gusto Inc. 210 Wages Payable 220 *Uneamed Revenue 300 Leah Tyler, Capital 302 Leah Tyler, Drawing 400 Revenue eamed 500 Wages Expense 3,200 1,600 3,000 43,200 49,100 104,000 35,200 501 Utilities Expense 502 Supplies Expense 503 Rent Expense 504 Depreciation Expense 505 Insurance Expense OTAL 157,000 157,000 Opening balances Journal Entries T-Acco 8,800 1,600 24,200

Answer rating: 100% (QA)

Answer Adjusted Trial Balance ACCOUNT NAME DEBIT CREDIT 100 Cash 26500 110 Accounts ReceivableFrankl... View the full answer