Tiger Company Adjusted Trial Balance December 31 Account Cash Accounts Receivable Prepaid Insurance Equipment Acc Depreciation- Equipment Accounts Payable Unearned Revenue Notes Payable Tiger, Capital Tiger, Drawing Service Revenue Advertising Expense Depreciation Expense Salary Expense Insurance Expense Rent Expense 7800 2000 9000 54000 700 1700 3000 5000 1300 900 Debit 16000 14200 7600 10600 19000 18000 Credit
Tiger Company Adjusted Trial Balance December 31 Account Cash Accounts Receivable Prepaid Insurance Equipment Acc Depreciation- Equipment Accounts Payable Unearned Revenue Notes Payable Tiger, Capital Tiger, Drawing Service Revenue Advertising Expense Depreciation Expense Salary Expense Insurance Expense Rent Expense 7800 2000 9000 54000 700 1700 3000 5000 1300 900 Debit 16000 14200 7600 10600 19000 18000 Credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The adjusted trial balance of Tiger Company appears below. Using the information from the adjusted trail balance, prepare an Income Statement, Owner's Equity Statement, and Balance Sheet for the month ended Dec. 31st. You may use the template provided or attach an excel spreadsheet with your solution.
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