Prepare 2018 Financial Statements - 27 points
Applebee Consulting
Applebee Consulting Adjusted Trial Balance
Income Statement 12/31/2018
For the Year Ended December 31, 2018
Cash Revenues 450
Accounts Receivable 405
Prepaid Insurance 90
Building 1,800
Accumulated Depreciation - 360
Expenses
Accounts Payable 216
Unearned Revenue 0
Applebee Capital, 1/1/2018 900
Applebee Withdrawals 45
Service Revenue 1,710
Rent Revenue 0
Net Income
Wages Expense 162
Utility Expense 198
180 Applebee Consulting
Depreciation Expense
Statement of Owner's Equity
For the Year Ended December 31, 2018
Applebee Capital, 01/01/18
Net Income
Withdrawals
Applebee Capital, 12/31/18
Applebee's Consulting Balance Sheet
December 31, 2018
Assets
Total Assets
Liabilities
Total Liabilities
Owner's Equity
Total Liabilities and Owner's Equity