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12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,813.00 14 Wages Expense 1,080.00 15 Advertising Expense 36.00 16 Rent Expense 800.00 17 Supplies Expense 323.00 18 Phone Expense 134.00 19 Utilities Expense 103.00 20 Insurance Expense 120.00 21 Gas and Oil Expense 87.00 22 Depreciation Expense-Office Equipment 100.00 23 Miscellaneous Expense 97.00 2,880.00 4,813.00 10,153.00 8,220.00 24 25 Net Income 1,933.00 1,933.00 $4,813.00 $4,813.00 $10,153.00 $10,153.00 26

12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,813.00 14 Wages Expense 1,080.00 15 Advertising Expense 36.00 16 Rent Expense 800.00 17 Supplies Expense 323.00 18 Phone Expense 134.00 19 Utilities Expense 103.00 20 Insurance Expense 120.00 21 Gas and Oil Expense 87.00 22 Depreciation Expense-Office Equipment 100.00 23 Miscellaneous Expense 97.00 2,880.00 4,813.00 10,153.00 8,220.00 24 25 Net Income 1,933.00 1,933.00 $4,813.00 $4,813.00 $10,153.00 $10,153.00 26

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Could someone pls use this to create an example of how to make a balance sheet?
structions Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20-- INCOME INCOME BALANCE SHEET BALANCE SHEET STATEMENT STATEMENT ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 3 Cash 3,269.00 4 Accounts Receivable 1,244.00 5 Supplies 800.00 6 Prepaid Insurance 640.00 7 Office Equipment 2,000.00 8 Accumulated Depreciation-Office Equipment 100.00 9 Accounts Payable 1,860.00 10 Wages Payable 260.00 11 Mary Adams, Capital 6,000.00 12 Mary Adams, Drawing 2,200.00
Transcribed Image Text:structions Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20-- INCOME INCOME BALANCE SHEET BALANCE SHEET STATEMENT STATEMENT ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 3 Cash 3,269.00 4 Accounts Receivable 1,244.00 5 Supplies 800.00 6 Prepaid Insurance 640.00 7 Office Equipment 2,000.00 8 Accumulated Depreciation-Office Equipment 100.00 9 Accounts Payable 1,860.00 10 Wages Payable 260.00 11 Mary Adams, Capital 6,000.00 12 Mary Adams, Drawing 2,200.00
Instructions 12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,813.00 14 Wages Expense 1,080.00 15 Advertising Expense 36.00 16 Rent Expense 800,00 17 Supplies Expense 323.00 18 Phone Expense 134.00 19 Utilities Expense 103.00 20 Insurance Expense 120.00 21 Gas and Oil Expense 87.00 22 Depreciation Expense-Office Equipment 100.00 23 Miscellaneous Expense 97.00 2,880.00 4,813.00 10,153.00 8,220.00 25 Net Income 1,933.00 1,933.00 $4,813.00 $4,813.00 $10,153.00 $10,153.00 26 %3D 24
Transcribed Image Text:Instructions 12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,813.00 14 Wages Expense 1,080.00 15 Advertising Expense 36.00 16 Rent Expense 800,00 17 Supplies Expense 323.00 18 Phone Expense 134.00 19 Utilities Expense 103.00 20 Insurance Expense 120.00 21 Gas and Oil Expense 87.00 22 Depreciation Expense-Office Equipment 100.00 23 Miscellaneous Expense 97.00 2,880.00 4,813.00 10,153.00 8,220.00 25 Net Income 1,933.00 1,933.00 $4,813.00 $4,813.00 $10,153.00 $10,153.00 26 %3D 24
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