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.

Name: Elizabeth Bakery LLCAdjusted Trial BalanceFor the 12-Months Ending Ju
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Description: Elizabeth Bakery LLCAdjusted Trial BalanceFor the 12-Months Ending July 31, 2022General Ledger AccountCashAccounts ReceivableSuppliesPrepaid RentPrepaid InsuranceEquipment (cost)Accumulated Depreciation-EquipmentAccounts PayableSalaries & Wages Paya

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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