The following account balances were taken from the Adjusted Trial Balance columns of the work sheet for
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The following account balances were taken from the Adjusted Trial Balance columns of the work sheet for Larynx Messenger Service, a delivery service firm, for the current fiscal year ended June 30, 2006:
Prepare an incomestatement.
Transcribed Image Text:
Fees Earned Salaries Expense Rent Expense Utilities Expense Supplies Expense Miscellaneous Expense 2,750 1,350 1,500 5,200 $273,700 77,100 22,500 nsurance Expense 6,500 Depreciation Expense
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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