In: Accounting
|
Ryan Company Trial Balance December 31, 2017 |
||
| 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.