prepare the Statement of Financial Performance, Statement of Changes in Equity, and Statement of Financial Position. Andre Gabriel Trucking ServicesWorksheet30-Apr13Unadjusted Trial BalanceAdjusted Trial BalanceAdjustmentsDrBalance SheetCr4Income StatementAcct. No.Account NameDrCrCrDrCrDrDrCr100|CashP686,790P686,790125,1906,0001,000943,138 89120,441.11686,790125,1906,0001,000943,138.89120,441.11110 Accounts Receivable130 Prepaid Rent145 Supplies160 Delivery Equipment170 Office Equipment180 Furniture and Fixtures200 Accounts Payable300 Andre Gabriel, Capital310 Andre Gabriel, Drawings400 Delivery Revenue500 Salaries Expense550 Fuel and Oi Expense560 Advertising Expense620 Miscellaneous Expense510 Rent Expense530 Supplies Expense210 Salaries Payable540 Uitities Expense220 Uitities Payable580 Depreciation Exp- Delivery Equipment590 Depreciation Exp- Office Equipment600 Depreciation Exp- Furniture and Fixtures125, 19012,000IP6,0002,2006,861.111.558.893.200950,000122,0005,20010118.675,1915,191Ip12127,2001,750,200127 200127,2001,750,20013P141,750,20015150,000150,000150,000200,440IP16200,440P 200,44016,8006505,0101,00017,6006505,0101,0006,0002,2001780017,60018650195,0101,0006,0002,20020216,000222,20023800800800242,2002,2002,200252,2002,2002,2006,861.111,558.898.676,861.111558.898.676,861.111558.892627288.672930Totals19628.67 P 2,080,8402,080,840 P43,089 P 200,440157,351200,44031P 2,077,840 P 2,077,840 P 19628.67 PP2,037,751 P 1,880,400 P32157,35133Totals2,037,7512,037,751200,44034Sheet1Sheet?

Statement of financial performance shows profitability position of the business. Balance sheet shows…

Answered: prepare the Statement of Financial…

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Accounting

prepare the Statement of Financial Performance, Statement of Changes in Equity, and Statement of Financial Position.

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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Question

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prepare the Statement of Financial Performance, Statement of Changes in Equity, and Statement of Financial Position.

Andre Gabriel Trucking Services
Worksheet
30-Apr
1
3
Unadjusted Trial Balance
Adjusted Trial Balance
Adjustments
Dr
Balance Sheet
Cr
4
Income Statement
Acct. No.
Account Name
Dr
Cr
Cr
Dr
Cr
Dr
Dr
Cr
100|Cash
P
686,790
P
686,790
125,190
6,000
1,000
943,138 89
120,441.11
686,790
125,190
6,000
1,000
943,138.89
120,441.11
110 Accounts Receivable
130 Prepaid Rent
145 Supplies
160 Delivery Equipment
170 Office Equipment
180 Furniture and Fixtures
200 Accounts Payable
300 Andre Gabriel, Capital
310 Andre Gabriel, Drawings
400 Delivery Revenue
500 Salaries Expense
550 Fuel and Oi Expense
560 Advertising Expense
620 Miscellaneous Expense
510 Rent Expense
530 Supplies Expense
210 Salaries Payable
540 Uitities Expense
220 Uitities Payable
580 Depreciation Exp- Delivery Equipment
590 Depreciation Exp- Office Equipment
600 Depreciation Exp- Furniture and Fixtures
125, 190
12,000
IP
6,000
2,200
6,861.11
1.558.89
3.200
950,000
122,000
5,200
10
11
8.67
5,191
5,191
Ip
12
127,200
1,750,200
127 200
127,200
1,750,200
13
P
14
1,750,200
15
150,000
150,000
150,000
200,440
IP
16
200,440
P 200,440
16,800
650
5,010
1,000
17,600
650
5,010
1,000
6,000
2,200
17
800
17,600
18
650
19
5,010
1,000
6,000
2,200
20
21
6,000
22
2,200
23
800
800
800
24
2,200
2,200
2,200
25
2,200
2,200
2,200
6,861.11
1,558.89
8.67
6,861.11
1558.89
8.67
6,861.11
1558.89
26
27
28
8.67
29
30
Totals
19628.67 P 2,080,840
2,080,840 P
43,089 P 200,440
157,351
200,440
31
P 2,077,840 P 2,077,840 P 19628.67 P
P
2,037,751 P 1,880,400 P
32
157,351
33
Totals
2,037,751
2,037,751
200,440
34
Sheet1
Sheet?

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