Financial statements from this trial balance: Fresh Poultry Store Trial Balance Thursday, December 31, 2020   Cash 260,500   Accounts Receivable 35,000   Purchases 210,000   Office Furniture and Fixtures 40,000   Accounts Payable   40,000 Sales   185,000 Yvone Iris Sado, Capital   350,000 Yvone Iris Sado, Drawing   15,000 Salaries and Wages 22,000   Office Supplies 2,500   Store Supplies 3,000   Rent Expense 4,000   Utilities Expense 6,000   Taxes and Licenses 5,000   Gasoline and Oil 2,000         Total 590,000 590,000

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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Financial statements from this trial balance:

Fresh Poultry Store
Trial Balance
Thursday, December 31, 2020
 
Cash 260,500  
Accounts Receivable 35,000  
Purchases 210,000  
Office Furniture and Fixtures 40,000  
Accounts Payable   40,000
Sales   185,000
Yvone Iris Sado, Capital   350,000
Yvone Iris Sado, Drawing   15,000
Salaries and Wages 22,000  
Office Supplies 2,500  
Store Supplies 3,000  
Rent Expense 4,000  
Utilities Expense 6,000  
Taxes and Licenses 5,000  
Gasoline and Oil 2,000  
     
Total 590,000 590,000
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