Problem: The following is the Easton Company's adjusted Trial Balance.
|
Easton Company Adjusted Trial Balance December 31, 2018
|
|
Account Title
|
Debit
|
Credit
|
|
Cash
|
$88,665
|
|
|
Accounts Receivable
|
232,000
|
|
|
Supplies
|
17,000
|
|
|
Equipment
|
395,000
|
|
|
Accumulated Depreciation
|
|
$224,260
|
|
Accounts Payable
|
|
72,555
|
|
Capital Stock
|
|
220,000
|
|
Retained Earnings
|
|
127,145
|
|
Service Revenue
|
|
877,105
|
|
Interest Income
|
|
5,500
|
|
Dividends
|
7,000
|
|
|
Rent Expense
|
59,900
|
|
|
Wages Expense
|
529,000
|
|
|
Supplies Expense
|
40,000
|
|
|
Utilities Expense
|
8,000
|
|
|
Depreciation Expense
|
150,000
|
|
|
Totals
|
$1,526,565
|
$1,526,565
|
Required: Use this information to prepare the Balance Sheet for the fiscal year. There are additional lines in the formatted Balance Sheet form to allow for authorized alternate presentations.
Struggling with your complex and tough Balance Sheet for Fiscal Year assignments and homework? Our Balance Sheet for Fiscal Year Assignment Help service has the best team to offer you the finest online service in the industry.
Tags: Balance Sheet for Fiscal Year Assignment Help, Balance Sheet for Fiscal Year Homework Help, Balance Sheet for Fiscal Year Coursework, Balance Sheet for Fiscal Year Solved Assignments