Question: Using the Adjusted Trial Balance, complete the Income Statement, Statement of Retained Earnings, and Balance Sheet. Enter any decreases with a minus sign or

Using the Adjusted Trial Balance, complete the Income Statement, Statement of RetainedEarnings, and Balance Sheet. Enter any decreases with a minus sign orparentheses. SMART TOUCH LEARNING Adjusted Trial Balance. December 31, 2016 Account Title

Using the Adjusted Trial Balance, complete the Income Statement, Statement of Retained Earnings, and Balance Sheet. Enter any decreases with a minus sign or parentheses. SMART TOUCH LEARNING Adjusted Trial Balance. December 31, 2016 Account Title Cash Accounts Receivable Office Supplies Prepaid Rent Furniture Accumulated Depreciation-Furniture Balance Debit Credit 14,900 Revenue 8,200 100 Expenses: 9,900 17,300 5,900 1,900 Accounts Payable Salaries Payable 400 Interest Payable 200 Total Expenses Uneamed Revenue 4,000 Net Income 6,000 Notes Payable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!