Question 4 Based on the following adjusted trial balance, prepare a balance sheet for Zoomer Enterprises daled December 31, 20X1. Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Wages and Salaries Payable John Zoomer, Capital John Zoomer, Withdrawals Fees Revenue Advertising Expense Depreciation Expense-Equipment Uslities Expense Wages and Salaries Expense Adjusted Trial Balance Debit $3,500 2,000 650 000 8,000 450 300 420 1.750 $20,470 Credi $2,000 900 850 10,220 2.500 6.500 $20,470
Question 4 Based on the following adjusted trial balance, prepare a balance sheet for Zoomer Enterprises daled December 31, 20X1. Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Wages and Salaries Payable John Zoomer, Capital John Zoomer, Withdrawals Fees Revenue Advertising Expense Depreciation Expense-Equipment Uslities Expense Wages and Salaries Expense Adjusted Trial Balance Debit $3,500 2,000 650 000 8,000 450 300 420 1.750 $20,470 Credi $2,000 900 850 10,220 2.500 6.500 $20,470
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Based on the following prepare a balance sheet dated December 31,2021
Transcribed Image Text:Question 4
Based on the following adjusted trial balance, prepare a balance sheet for Zoomer Enterprises dated December 31, 20X1.
Cash
Accounts Receivable
Office Supplies
Prepaid Insurance
Equipment
Accumulated Depreciation Equipment
Accounts Payable
Wages and Salaries Payable
John Zoomer, Capital
John Zoomer, Withdrawals
Fees Revenue
Advertising Expense
Depreciation Expense-Equipment
Utilities Expense
Wages and Salaries Expense
wherether am Tacn/AUTHEN+F10 (Mac
Adjusted Trial Balance
Debit
$3,500
2,000
650
900
8,000
450
300
420
1.750
$20,470
Credi
$2,000
900
850
10,220
2.500
6.500
$20,470
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