General Ledger Account Cash Elizabeth Bakery LLC Adjusted Trial Balance For the 12-Months Ending July 31, 2022 Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Equipment (cost) Accumulated Depreciation-Equipment Accounts Payable Salaries & Wages Payable Interest Payable Unearned Revenue Notes Payable Owner's Capital Owner's Drawings Service Revenue Depreciation Expense-Computer Depreciation Expense-Motor Vehicle Salaries & Wages Expense Utilities Expense Rent Expense Interest Expense Debit $222,650 15,800 1,500 24,000 3,600 111,550 15,000 125 145 87,500 15,600 24,000 200,000 $721,470 Credit $52,300 34,570 45,750 250 110,600 100,000 78,000 300,000 $721,470 Prepare an Income Statement, Statement of Owners' Equity and Balance Sheet. Use proper heading for each statement.
General Ledger Account Cash Elizabeth Bakery LLC Adjusted Trial Balance For the 12-Months Ending July 31, 2022 Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Equipment (cost) Accumulated Depreciation-Equipment Accounts Payable Salaries & Wages Payable Interest Payable Unearned Revenue Notes Payable Owner's Capital Owner's Drawings Service Revenue Depreciation Expense-Computer Depreciation Expense-Motor Vehicle Salaries & Wages Expense Utilities Expense Rent Expense Interest Expense Debit $222,650 15,800 1,500 24,000 3,600 111,550 15,000 125 145 87,500 15,600 24,000 200,000 $721,470 Credit $52,300 34,570 45,750 250 110,600 100,000 78,000 300,000 $721,470 Prepare an Income Statement, Statement of Owners' Equity and Balance Sheet. Use proper heading for each statement.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Elizabeth Bakery LLC
Adjusted Trial Balance
For the 12-Months Ending July 31, 2022
General Ledger Account
Cash
Accounts Receivable
Supplies
Prepaid Rent
Prepaid Insurance
Equipment (cost)
Accumulated Depreciation-Equipment
Accounts Payable
Salaries & Wages Payable
Interest Payable
Unearned Revenue
Notes Payable
Owner's Capital
Owner's Drawings
Service Revenue
Depreciation Expense-Computer
Depreciation Expense-Motor Vehicle
Salaries & Wages Expense
Utilities Expense
Rent Expense
Interest Expense
Debit
$222,650
15,800
1,500
24,000
3,600
111,550
15,000
125
145
87,500
15,600
24,000
200,000
$721,470
Credit
$52,300
34,570
45,750
250
110,600
100,000
78,000
300,000
$721,470
Prepare an Income Statement, Statement of Owners' Equity and Balance Sheet. Use proper
heading for each statement.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F894aabcd-2ca5-4246-908d-6cdcf7edaacf%2Faf0c409a-43ce-4dfd-aa4a-6ded889436d6%2Fx278zzm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Elizabeth Bakery LLC
Adjusted Trial Balance
For the 12-Months Ending July 31, 2022
General Ledger Account
Cash
Accounts Receivable
Supplies
Prepaid Rent
Prepaid Insurance
Equipment (cost)
Accumulated Depreciation-Equipment
Accounts Payable
Salaries & Wages Payable
Interest Payable
Unearned Revenue
Notes Payable
Owner's Capital
Owner's Drawings
Service Revenue
Depreciation Expense-Computer
Depreciation Expense-Motor Vehicle
Salaries & Wages Expense
Utilities Expense
Rent Expense
Interest Expense
Debit
$222,650
15,800
1,500
24,000
3,600
111,550
15,000
125
145
87,500
15,600
24,000
200,000
$721,470
Credit
$52,300
34,570
45,750
250
110,600
100,000
78,000
300,000
$721,470
Prepare an Income Statement, Statement of Owners' Equity and Balance Sheet. Use proper
heading for each statement.
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