Exercise 4-02The adjusted trial balance columns of the worksheet for Sheridan Company are as follows.Complete the worksheet.SHERIDAN COMPANYWorksheet (partial)For the Month Ended April 30, 2020Adjusted TrialBalanceIncome StatementBalance SheetAccount TitlesDr.Cr.Dr.Cr.Dr.Cr.Cash10,400Accounts Receivable7,300Prepaid Rent2,000Equipment23,200Accumulated Depreciation-Equipment5,000Notes Payable5,800Accounts Payable4,500Owner's Capital27,450Owner's Drawings3,400Service Revenue15,800Salaries and Wages Expense10,800Rent Expense700Depreciation Expense750Interest Expense80Interest Payable80Totals58,63058,630Net IncomeTotalsClick if you would like to Show Work for this question: Open Show WorkLINK TO TEXTActivate WindowsQuestion Attempts: Unlimiteds tGAVE FOR LATERSUBMIT ANSWER2:44 PMhere to searchW4/22/2021|近

Financial Statements are prepared by the management for reporting purposes. These are the essential…

SHERIDAN OOMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Cash 10,400 Accounts Receivable 7.300 Prepaid Rent 2.000 Equipment 23.200 Accumulated Depreciation-Equipment 5.000 Notes Payable 5.800 Accounts Payable 4.500 Oviner's Capital 27,450 Ovner's Dranings 3400 Service Revenue 15.800 Salaries and Wages Epense 10.800 Rent Expense 700 Depreciation Epense 750 Interest Espense 80 Interest Payable Totals 58.630 58.630 Net Income Totals Click if you would like to Show Work for this question: Qeen Show Work

SHERIDAN OOMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Cash 10,400 Accounts Receivable 7.300 Prepaid Rent 2.000 Equipment 23.200 Accumulated Depreciation-Equipment 5.000 Notes Payable 5.800 Accounts Payable 4.500 Oviner's Capital 27,450 Ovner's Dranings 3400 Service Revenue 15.800 Salaries and Wages Epense 10.800 Rent Expense 700 Depreciation Epense 750 Interest Espense 80 Interest Payable Totals 58.630 58.630 Net Income Totals Click if you would like to Show Work for this question: Qeen Show Work

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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