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In: Accounting

The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown...

The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown below.

HAMAN ACCOUNTING
Trial Balance
December 31, 2019
ACCOUNT NAME DEBIT CREDIT
Cash 7,500
Accounts Receivable 3,500
Supplies 2,500
Prepaid Rent 16,000
Equipment 15,000
Accounts Payable 9,600
Erik Haman, Capital 23,500
Erik Haman, Drawing 4,500
Fees Income 23,000
Salaries Expense 4,500
Utilities Expense 2,600
Totals 56,100 56,100

Prepare an income statement for the Haman Accounting Services for the month ended December 31, 2019.

Prepare a statement of owner’s equity for Haman Accounting Services for the month ended December 31, 2019.

Prepare a balance sheet for Haman Accounting Services as of December 31, 2019.

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Expert Solution

ekkarill92 answered 1 year ago
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