The following is the trial balance for Kevins Moving Co. of Dartmouth. Adjustment data to update trial

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The following is the trial balance for Kevin€™s Moving Co. of Dartmouth.
The following is the trial balance for Kevin€™s Moving Co.

Adjustment data to update trial balance:
a. Insurance expired, $700
b. Moving supplies on hand, $900
c. Amortization on moving truck, $500 d. Wages earned but unpaid, $250
Required
1. Complete a work sheet for Kevin€™s MovingCo. For the month of October.
2. Prepare an income statement for October, a statement of owner€™s equity for October, and a balance sheet as of October 31, 2014.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For  book-img-for-question

College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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