Account Cash Accounts Receivable Prepaid Rent Prepaid Insurance Inventory Building Accumulated Dep- Building Land Equipment Accumulated Dep- Equipment Capital Drawings Accounts Payable Repairs Payable Loans Revenue. Advertising Expense Maintenance Expense Salaries Expense Admin Expenses Depreciation Expense Total Trial Balance Micro Path Tech October 30, 2020 Debit 10,000 1,500 1,200 3,400 800 30,000 1. Income Statement. 2. Statement of Owner's Equity 3. Balance Sheet 8,200 12,800 500 1,200 1,650 7,000 5,800 5,000 89,050 Credit 6,000 4,000 31,250 8,000 1,600 15,000 23,200 89,050 Required: Prepare the following financial statements from the trial balance above. Use Microsoft Excel and email me your answers by October 22, 2022

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.3E
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Question
Account
Cash
Accounts Receivable
Prepaid Rent
Prepaid Insurance
Inventory
Building
Accumulated Dep- Building
Land
Equipment
Accumulated Dep-
Equipment
Capital
Drawings
Accounts Payable
Repairs Payable
Loans
Revenue
Advertising Expense
Maintenance Expense
Salaries Expense
Admin Expenses
Depreciation Expense
Total
Trial Balance
Micro Path Tech
October 30, 2020
Debit
10,000
1,500
1. Income Statement
2. Statement of Owner's Equity
3. Balance Sheet
1,200
3,400
800
30,000
8,200
12,800
500
1,200
1,650
7,000
5,800
5,000
89,050
Credit
6,000
4,000
31,250
8,000
1,600
15,000
23,200
89,050
Required: Prepare the following financial statements from the trial balance above. Use
Microsoft Excel and email me your answers by October 22, 2022
Transcribed Image Text:Account Cash Accounts Receivable Prepaid Rent Prepaid Insurance Inventory Building Accumulated Dep- Building Land Equipment Accumulated Dep- Equipment Capital Drawings Accounts Payable Repairs Payable Loans Revenue Advertising Expense Maintenance Expense Salaries Expense Admin Expenses Depreciation Expense Total Trial Balance Micro Path Tech October 30, 2020 Debit 10,000 1,500 1. Income Statement 2. Statement of Owner's Equity 3. Balance Sheet 1,200 3,400 800 30,000 8,200 12,800 500 1,200 1,650 7,000 5,800 5,000 89,050 Credit 6,000 4,000 31,250 8,000 1,600 15,000 23,200 89,050 Required: Prepare the following financial statements from the trial balance above. Use Microsoft Excel and email me your answers by October 22, 2022
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