Question

Х Data Table Unadjusted Trial Balance Debit Credit $ 46,900 9,600 Cynthia Elmer, CPA Worksheet December 31, 2018 Income Adjustments Adjusted Trial Balance Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit $ 46,900 (h) 3,700 13,300 (b) $ 500 300 (a) 3,300 4,700 35,000 125,000 (c) 1,150 1,150 28,000 Account Names Cash Accounts Receivable Office Supplies Prepaid Rent Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation Furniture Account Davabla 800 8,000 35,000 125,000 28,000 (d) 2,000 2,000 20 250 | Print Done

Answer 1

Income Statement Debit Credit 1 Cynthia Elmer, CPA Worksheet December 31, 2018 Adjusted Trial Balance Debit Credit Cash $46,900 Accounts receivable $13,300 Supplies $300 Prepaid Rent $4,700 Land $35,000 Building $125,000 Accumulated Depreciation- Buildings $1,150 Furniture $28,000 Accumulated Depreciation- Furniture $2,000 Accounts payable $3,500 Utilities payable $710 Salaries payable $4,200 Interest payable $500 Unearned revenue $3,700 Notes payable $15,000 Contributed Capital $118,000 Retained Earnings $118,090) Dividend $29,000 Service revenue $100,000 Rent expense $23,300 Salaries expense $32,200 Supplies expense $500 Utilities expenses $25,000 Depreciation expense - Buildings $1,1501 Depreciation expense - Furniture $2,000 Interest expense $500 Totals $366,850 $366,850 Net Income or Loss Totals $100,000 $23,300 $32,200 $500 $25,000 $1,150 $2,000 $500 $84,650 $100,000 $15,350| $100,000 $100,000 2 Please note format is no given in question. Hence given in below format. If there is any other format please let me know. Please post full question with formats to give exact answer Cynthia Elmer, CPA Worksheet December 31, 2018 Adjusted Trial Balance Balance Sheet Liabilities Debit Credit & Equity $46,900 $13,300 $3001 $4,700 $35,000 $125,000 Asset $46,900 $13,300 $300 $4,700 $35,000 $125,000 -$1,150 $28,000 -$2,000 $1,150 $28,000 Cash Accounts receivable Supplies Prepaid Rent Land Building Accumulated Depreciation- Buildings Furniture Accumulated Depreciation - Furniture Accounts payable Utilities payable Salaries payable Interest payable Unearned revenue Notes payable Common stock Retained Earnings Dividend Service revenue Rent expense Salaries expense Supplies expense Utilities expenses Depreciation expense - Buildings Depreciation expense - Furniture Interest expense Net Income Totals $2,000 $3,500 $710 $4,200 $500 $3,700 $15,000 $118,000 $118,090 $3,500 $710 $4,200 $500 $3,700 $15,000 $118,000 $118,090 -$29,000 $29,000 $100,000 $23,300 $32,200 $5001 $25,000 $1,150 $2,000 $5001 $15,350 $366,850 $250,050 $250,050 $366,850 Note: Retained Earnings - Opening Balance + Net Income - Dividend paid