Question: Using the worksheets provided, prepare the financial statements for ABC Legal Services based on the trial balance shown below. Assume that the adjustments have been

Using the worksheets provided, prepare the financial statements for ABC Legal Services based on the trial balance shown below. Assume that the adjustments have been entered in the journal and have been entered and posted to the account ledgers.

ABC Legal Services

Income Statement

for the Period Ended December 31, 20**

Income
Total Income
Expenses
Total Expenses
Net Income

ABC Legal Services

Statement of Owner's Equity

for the Period Ended December 31, 20**

ABC, Capital, December 31, 2015
ABC Legal Services, Capital, December 31, 20**

ABC Legal Services

Balance Sheet

December 31, 20**

Assets
Current Assets
Total Current Assets
Fixed Assets
Total Fixed Assets
Total Assets
Liabilities and Owner's Equity
Liabilities
Total Liabilities
Owner's Equity
Total Liabilities and Owner's Equity

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