In: Accounting
Ryan Company Trial Balance December 31, 2017 |
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Debit | Credit | |
Cash | 21,800 | |
Accounts Receivable | 18,800 | |
Prepaid Insurance | 1,000 | |
Equipment | 5,000 | |
Accumulated Depreciation-Equipment | 9,600 | |
Accounts Payable | 11,600 | |
Salaries and Wages Payable | 2,200 | |
Unearned Rent Revenue | 1,600 | |
Common Stock | 20,000 | |
Retained Earnings | 11,000 | |
Dividends | 5,600 | |
Service Revenue | 69,200 | |
Rent Revenue | 26,200 | |
Salaries and Wages Expense | 36,200 | |
Supplies Expense | 4,000 | |
Rent Expense | 21,600 | |
Insurance Expense | 3,000 | |
Depreciation Expense | 2,400 | |
151,400 | 151,400 |
Prepare the income and statement of changes in stockholders' equity statements for the year and the classified balance sheet at December 31.