Texts: December 1 Account Title Cash Accounts Receivable Truck Accumulated Depreciation - Trucks Land Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Plumbing Revenue Depreciation Expense - Trucks Rent Expense Totals
101
Debit $5,100 $26,657 $45,000
Credit
183
$30,000
$18,090 $14,213 $3,251 $2,651 $15,000 $1,447 $73,000
$18,605
$6,010 $34,164 $11,096 $77,652
Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. The Retained Earnings account balance was $5,447 on December 31 of the prior year. Use the adjusted balance to prepare the December year-end balance sheet.
Complete this question by entering your answers in the table below:
Use the adjusted trial balance
December 31 year-end balance sheet
Retained Earnings
$51,447
1
ON