Adjusted Trial BalouceParticularsCashAccoouts seceivobleDr $6700

Income statement is a statement that helps in determining the income or the profit and loss of a…

yusled Trial Balouce Particlors Cash Accoouts seceivoble Dr $ 6700 6500 Slearing supplies Prepaid Insorauce Truck 280 2000 8000 Accouelatod Debreciation Accounts payable 250 5500 Saloy payable. 1080. Comuton stocK 15000 RTained faruiugs Dividend 900 Seavice Revenue. MainTeuauce 2Repair expenses 350 8100 2peciationixpenses 250. Insurauce se expeise. Supplies xpentes Salaries expenses 400 1720 2830 29930 29930 Instructions: A) Prepare The. income STatemeut 2 a netained statement savinings classi'tied balance sheet at 3I March 3014 March 2 a

yusled Trial Balouce Particlors Cash Accoouts seceivoble Dr $ 6700 6500 Slearing supplies Prepaid Insorauce Truck 280 2000 8000 Accouelatod Debreciation Accounts payable 250 5500 Saloy payable. 1080. Comuton stocK 15000 RTained faruiugs Dividend 900 Seavice Revenue. MainTeuauce 2Repair expenses 350 8100 2peciationixpenses 250. Insurauce se expeise. Supplies xpentes Salaries expenses 400 1720 2830 29930 29930 Instructions: A) Prepare The. income STatemeut 2 a netained statement savinings classi'tied balance sheet at 3I March 3014 March 2 a

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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Question

100%

Adjusted Trial Balouce
Particulars
Cash
Accoouts seceivoble
Dr $
6700
<n$
6500
Sloaring supplies.
Prepaiy Insorauce
Truck
Accomelotod Dabreciation
280
2000
8000
250
Accounts paysble
5500
Salay payjable.
1080
Comuton stocK.
ReTaine d faruiugs.
Dividend
Seavice Revenue.
MainTeuauce 2Repei'r expenser 350
15000
900
8100
Depeciation ixpensei
Insurau ce
expense.
250.
400
Supplies xpeures
Salories expenses
1720
2830
29930
29930
Instroctions:
CA) Prepare The income statement 2 a netained
eavnings Statemeut too March & a
classitied balauce sheet at 31Maeh 2014

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