Question: Question 4 (30 points] Adam Uppe started Global Filter Corp. on April 1, 2014. The adjusted trial balance shown below has been prepared for Global
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Question 4 (30 points] Adam Uppe started Global Filter Corp. on April 1, 2014. The adjusted trial balance shown below has been prepared for Global Filter Corp. as of April 30, 2014. Use this information to prepare the income statement and statement of changes in equity for the month ended April 30 along with the April 30 balance sheet. Global Filter Corp. Adjusted Trial Balance April 30, 2014 (select one) Income Statement (select one X Accounts payable Accumulated depreciation, building Accumulated depreciation, trucks Advertising expense Building Commissions earned Consulting revenue earned Depreciation expense, building Depreciation expense, trucks Dividends Interest expense Notes receivable Prepaid advertising Rent earned Salaries expense Salaries payable Share capital Short-term notes payable Debit Credit 77,500 7,000 13,500 97,000 120,000 108,000 98,500 7,000 13,500 21,500 12,000 98,500 27,500 118,000 100,500 41,000 68,500 116,000 53,500 (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity X + + (select one) Balance Sheet (select one ) ENG 1:24 PM 2021-11-15 co 4C Ly Chapter 3 Lab - Required (Question 4) - Lyryx Leaming Inc - Google Chrome lifa 1.lyryx.com/student-servlets/LabServlet?ccid=11119 Accumulated depreciation, building Accumulated depreciation, trucks 7,000 Advertising expense 13,500 97,000 Building 120,000 Commissions earned 108,000 Consulting revenue earned 98,500 Depreciation expense, building 7,000 Depreciation expense, trucks 13,500 Dividends 21,500 Interest expense 12,000 Notes receivable 98,500 Prepaid advertising 27,500 Rent earned 118,000 Salaries expense 100,500 Salaries payable 41,000 Share capital 68,500 hShort-term notes payable 116,000 Supplies 53,500 Trucks 124,500 27,500 Unearned rent Totals 675,500 675,500 (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity X ++ X + + XI (select one) Balance Sheet (select one) X X X X fficial Time: 13:24:44 SUBMIT AND MARK SAVE AND CLOSE
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