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Accounting
Total Assets... Total Liabilities..... Net Income ..... Total Equity ..... ? ? ?

Total Assets... Total Liabilities..... Net Income ..... Total Equity ..... ? ? ?

FINANCIAL ACCOUNTING
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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Please help wih a, b, and c.

Account Cash Accounts receivable Interest receivable Note receivable Supplies Prepaid insurance Building Accumulated depreciation-building Accounts payable Wages payable Unearned rental revenue Common stock Retained earnings Dividends Rental revenue Interest revenue Depreciation expense-building Supplies expense Utilities expense Wage expense Property tax expense Insurance expense Total Trial Balance Worksheet June 30, 2018 $ Trial Balance Debit 8,800 6,300 4,700 2,000 3,000 70,100 4,100 500 1,500 1,000 $ $ 102,000 $ Credit 8,200 6,600 2,000 13,000 41,000 30,200 1,000 $ Adjusted Trial Balance Debit Credit 102,000 $ 8,800 6,870 100 4,700 300 1,900 70,100 4,100 1,000 1,700 500 2,350 1,000 1,100 $ 104,520 $ 9,200 6,600 850 1,300 13,000 41,000 31,470 1,100 104,520
Transcribed Image Text:Account Cash Accounts receivable Interest receivable Note receivable Supplies Prepaid insurance Building Accumulated depreciation-building Accounts payable Wages payable Unearned rental revenue Common stock Retained earnings Dividends Rental revenue Interest revenue Depreciation expense-building Supplies expense Utilities expense Wage expense Property tax expense Insurance expense Total Trial Balance Worksheet June 30, 2018 $ Trial Balance Debit 8,800 6,300 4,700 2,000 3,000 70,100 4,100 500 1,500 1,000 $ $ 102,000 $ Credit 8,200 6,600 2,000 13,000 41,000 30,200 1,000 $ Adjusted Trial Balance Debit Credit 102,000 $ 8,800 6,870 100 4,700 300 1,900 70,100 4,100 1,000 1,700 500 2,350 1,000 1,100 $ 104,520 $ 9,200 6,600 850 1,300 13,000 41,000 31,470 1,100 104,520
Total Assets... Total Liabilities. . . . . Net Income .... Total Equity..... ? ? ? ?
Transcribed Image Text:Total Assets... Total Liabilities. . . . . Net Income .... Total Equity..... ? ? ? ?
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