This alphabetized adjusted trial balance is for Mad Catz Courier

This alphabetized adjusted trial balance is for Mad Catz Courier as of its December 31, 2014, month-end:
This alphabetized adjusted trial balance is for Mad Catz Courier

Required
Use the information in the trial balance to prepare:
1. The income statement for the month ended December 31, 2014.
2. The statement of changes in equity for the month ended December 31, 2014, assuming the owner invested $127,000 during December.
3. The balance sheet as of December 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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