Account Cash Accounts Receivable Prepaid Rent Prepaid Insurance Inventory Building Accumulated Dep- Building Land Equipment Accumulated Dep- Equipment Capital Drawings Accounts Payable Repairs Payable Loans Revenue. Advertising Expense Maintenance Expense Salaries Expense Admin Expenses Depreciation Expense Total Trial Balance Micro Path Tech October 30, 2020 Debit 10,000 1,500 1,200 3,400 800 30,000 1. Income Statement. 2. Statement of Owner's Equity 3. Balance Sheet 8,200 12,800 500 1,200 1,650 7,000 5,800 5,000 89,050 Credit 6,000 4,000 31,250 8,000 1,600 15,000 23,200 89,050 Required: Prepare the following financial statements from the trial balance above. Use Microsoft Excel and email me your answers by October 22, 2022

Account Cash Accounts Receivable Prepaid Rent Prepaid Insurance Inventory Building Accumulated Dep- Building Land Equipment Accumulated Dep- Equipment Capital Drawings Accounts Payable Repairs Payable Loans Revenue. Advertising Expense Maintenance Expense Salaries Expense Admin Expenses Depreciation Expense Total Trial Balance Micro Path Tech October 30, 2020 Debit 10,000 1,500 1,200 3,400 800 30,000 1. Income Statement. 2. Statement of Owner's Equity 3. Balance Sheet 8,200 12,800 500 1,200 1,650 7,000 5,800 5,000 89,050 Credit 6,000 4,000 31,250 8,000 1,600 15,000 23,200 89,050 Required: Prepare the following financial statements from the trial balance above. Use Microsoft Excel and email me your answers by October 22, 2022

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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