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

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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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. 31 st. You may use the template provided or attach an excel spreadsheet with your solution. (Below the second picture, there are other blanks labeled owners equity statement, balance sheet dec. 31 assets, liabilities and owners equity)
Tiger Company
Adjusted Trial Balance
December 31
Account
Cash
Accounts Receivable
Prepaid Insurance
Equipment
Acc Depreciation- Equipment
cour 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
Transcribed Image Text:Tiger Company Adjusted Trial Balance December 31 Account Cash Accounts Receivable Prepaid Insurance Equipment Acc Depreciation- Equipment cour 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
Prepare an Income Statement
Transcribed Image Text:Prepare an Income Statement
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