Financial Statements

Published on February 2017 | Categories: Documents | Downloads: 43 | Comments: 0 | Views: 655
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Using the adjusted trial balance, could you prepare an income statement, statement of owner's equity and a
balance sheet using the equations and links of the microsoft Excel

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Amr company
Adjusted trial balance
Account name
Cash
Accounts receivable
Office equipment

7

Accumulated depreciationoffice equipment

4500

Accounts payable
Amr capital
Amr drawing
Commission earned
Advertising expense
Salaries expense
Rent expense
Depreciation expense
Total

1140
11370

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C

D

Debit
4550
1510
11500

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F
Amr company
Income statement

Credit

G

H

Debit

Credit

Debit

Credit

Debit

Credit

400
5620
800
2400
570
900
22630

Amr company
Statement of owner's equity
22630

Amr company
Balance sheet
Assets:

E.H.

Using the adjusted trial balance, could you prepare an income statement, statement of owner's equity and a
balance sheet using the equations and links of the microsoft Excel
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E.H.

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