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XYZ CO Adjusted Trial Balance Debit Credit Cash Accounts receivable Office supplies Prepaid rent $ 40 850 1 490 1 530 4 000 Office

XYZ CO Adjusted Trial Balance Debit Credit Cash Accounts receivable Office supplies Prepaid rent $ 40 850 1 490 1 530 4 000 Office equipment Accumulated Depreciation Accounts payable 7 000 $ 450 1 050 Interest payable Wages payable 2 000 2 800 Notes payable Taxes payable Common stock Retained earnings 2 250 2 200 7 000 5 100 Fees Revenue 38 800 Supplies expense 1 320 Wage expense 2 430 Rent expense 2 080 Depreciation expense 450 Dividends Total 500 $ 61 650 $ 61 650 REQUIRED: 1) Prepare an Income Statement 2) Prepare a Statement of Owners' Equity 3) Prepare a Balance Sheet

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