The adjusted trial balance of Chicken Noodles includes the following accounts at 31 October 2020 Cash Account Receivable Stationery...

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The adjusted trial balance of Chicken Noodles includes the following accounts at 31 October 2020 Cash Account Receivable Stationery Prepaid Rent Office Equipment Accumulated Depreciation - Office Equipment Account Payable Unearned Design Revenue Wages Payable Capital Drawings Service Revenue Wages Expense Office Supplies Expenses Rent Expenses Depreciation Expense - Office Equipment Utilities Expense TOTAL 22,480 5,000 3,660 1,600 16,320 2,800 5,520 1,540 1,600 300 680 $61,500 300 6,280 600 720 40,000 13,600 $61,500 1. Prepare an Income Statement for the month ended Ocotber 31, 2020 2. Prepare a Statement of Owner's Equity for the month ended October 31, 2020 3. Prepare a Statement of Financial Position or Balance Sheet as at October 31, 2020

Answer rating: 100% (QA)

QUESTION 1 Service Revenue 13 600 This is the total revenue earned from providing services Expenses Wages Expense 5 520 The total wages paid to employees during the month Office Supplies Expenses 1 60 View the full answer