This document is a trial balance, adjusting entries, income statement, and statement of financial position for Wong Roofing for March 2020. It shows cash of $4,500, accounts receivable of $3,200, and other assets and liabilities. Adjusting entries were made for supplies, depreciation expense, and unearned service revenue. The income statement shows revenue of $6,590 and expenses of $4,170, resulting in a profit of $2,420. Total assets equal total liabilities and equity on the statement of financial position.
This document is a trial balance, adjusting entries, income statement, and statement of financial position for Wong Roofing for March 2020. It shows cash of $4,500, accounts receivable of $3,200, and other assets and liabilities. Adjusting entries were made for supplies, depreciation expense, and unearned service revenue. The income statement shows revenue of $6,590 and expenses of $4,170, resulting in a profit of $2,420. Total assets equal total liabilities and equity on the statement of financial position.
This document is a trial balance, adjusting entries, income statement, and statement of financial position for Wong Roofing for March 2020. It shows cash of $4,500, accounts receivable of $3,200, and other assets and liabilities. Adjusting entries were made for supplies, depreciation expense, and unearned service revenue. The income statement shows revenue of $6,590 and expenses of $4,170, resulting in a profit of $2,420. Total assets equal total liabilities and equity on the statement of financial position.
This document is a trial balance, adjusting entries, income statement, and statement of financial position for Wong Roofing for March 2020. It shows cash of $4,500, accounts receivable of $3,200, and other assets and liabilities. Adjusting entries were made for supplies, depreciation expense, and unearned service revenue. The income statement shows revenue of $6,590 and expenses of $4,170, resulting in a profit of $2,420. Total assets equal total liabilities and equity on the statement of financial position.