The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for bril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Balance Sheet Cr 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable-Sheila Ocampo Accounts 115 Receivable-Diether Mendoza 120 Office Equipment Delivery 125 Equipment Accounts Payable- 201 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr 14000 165000 2540000 308000 3077200 Income Statement Dr Cr 7000 60450 70000 11500 341000 341000 308000 308000 33000 341000 Dr 1112500 1200000 145500 42000 300050 20000 14000 165000 2540000 58000 3742500 3745800 3300 3745800 3745800

The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services for bril 2022. Answer the questions that follows Drilon's Delivery Services Worksheet For the month Ended April 30, 2021 Acct No. Particulars Trial Balance Balance Sheet Cr 101 Cash on Hand 105 Cash in Bank Accounts 110 Receivable-Sheila Ocampo Accounts 115 Receivable-Diether Mendoza 120 Office Equipment Delivery 125 Equipment Accounts Payable- 201 David Carreal Accounts Payable- 205 Ronald Amparo Cecille Drilon, 301 Capital Cecille Drilon, 302 Drawings 401 Delivery Revenue 501 Delivery Expense Maintenance 505 Expense 510 Rent Expense 515 Utilities Expense Total Net Income/Net Loss Total Dr 1112500 1200000 145500 42000 300050 20000 58000 7000 60450 70000 11500 3077200 Cr 14000 165000 2540000 308000 3077200 Income Statement Dr Cr 7000 60450 70000 11500 341000 341000 308000 308000 33000 341000 Dr 1112500 1200000 145500 42000 300050 20000 14000 165000 2540000 58000 3742500 3745800 3300 3745800 3745800

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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