The following is the Easton Company's adjusted Trial Balance.
Easton Company |
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Adjusted Trial Balance |
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December 31, 2018 |
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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 |
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.
Easton Company |
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Balance Sheet |
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