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 parentheses.

 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

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 Balance Debit Credit Cash 14,600 Accounts Receivable 8,000 Office Supplies TOO Prepaid Rent 9,700 Furniture 17,000 Accumulated Depreciation-Furniture 5,800 Accounts Payable 1.900 Salaries Payable 400 Interest Payable 200 Unearned Revenue 4.800 Notes Payable 6.800 Common Stock 9,500 Retained Earnings 9,700 Dividends 24.900 Service Revenue 44.300 Depreciation Expense Furniture 1.900 Interest Expense 200 Rent Expense 2.900 Salaries Expense 3,400 Supplies Expense 700 Total 83,400 83,400 Revenue: Expenses Total Expenses Net Income Assets Liabilities Less. Total Liabilities Stockholders' Equity Total Stockholders Equity Total Assets Total Liabilities and Stockholders' Equity

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!