Walston Company provides consulting services. Here are the account totals for the month ended September 30, 2019. CASH $35,000 NOTES PAYABLE $20,000 16,000 5,000 ACCOUNTS RECEIVABLE CAPITAL, SEPTEMBER 1 40,000 SUPPLIES SERVICE REVENUE 120,000 EQUIPMENT 40,000 TOTAL EXPENSES 110,000 ACCOUNTS PAYABLE 28,000 OWNER DRAWINGS 2,000 Using the data above, create an income statement, owner's equity statement and balance sheet. On the balance sheet, the assets must equal liabilities + owner's equity. Walston Company Income Statement For Month Ended 9/30/19 Walston Company Walston Company Balance Sheet 9/30/19 Owner's Equity Statement For Month Ended 9/30/19 CAPITAL, 9/1/19 + NET INCOME FOR SEPTEMBER SUBTOTAL CASH ACCOUNTS RECEIVABLE SUPPLIES EQUIPMENT TOTAL ASSETS SERVICE REVENUE 10 ACCOUNTS PAYABLE TOTAL EXPENSES NET INCOME 10 NOTES PAYABLE 10 TOTAL LIABILITIES DRAWINGS 10 WALSTON CAPITAL lo CAPITAL, 9/30/19 TOTAL LIAB & OE 10

Below are the titles of a number of debit and credit accounts as they might appear on the statement of financial position of Hayduke ASA as of October 31, 2022. Select the Current Asset, Current Liability, Borderline, and Not a Current Item from among these debit and credit accounts. Debit Interest Accrued on Government Securities Notes Receivable Petty Cash Fund Government Securities Treasury Shares Current Asset Current Liability Borderline Not a Current Item Credit Share Capital-Preference 6% First Mortgage Bonds, due in 2029 Preference Dividend, payable Nov. 1,2022 Allowance for Doubtful Accounts Customers' Advances (on contracts to be completed next year)

On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances:Accounts                                                 Debit                    CreditCash                                                       $ 25,100Accounts Receivable                                 46,200Allowance for Uncollectible Accounts                                 $ 4,200Inventory                                                   20,000Land                                                          46,000Equipment                                                15,000Accumulated Depreciation                                                   1,500Accounts Payable                                                                28,500Notes Payable (6%, due April 1, 2022)                                50,000Common Stock                                                                    35,000Retained Earnings…

From the details given below prepare aTrial Balance as at March 31, 2018.   Purchases 80,000  Salaries & Wages 42,500  Discount (Dr.) . 6,500  Sales 1,50,000  Travelling Expenses 2,500  Carriage Outwards 225  Carriage Inwards 1,375  Repairs 1,500  Insurance 750  Miscellaneous Expenses 275  Commission Paid 1,625  Buildings 20,000  Rent and Rates 2,500  Machinery 7,500  Cash in hand 125  Horses and Carts 2,500  Cash at bank 13,625  Stock in Trade (1-4-2017) 29,500  Sundry Debtors 16,025  Capital 68,525  Sundry Creditors 10,500  (Answer: Total of Trial Balance Rs. 2,29,025.)       PreviousNext