This paper circulates around the core theme of Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings.
POST COMPANY
ADJUSTED TRIAL BALANCE
Debit
Credit
Cash
80,000
Accounts Receivable
11,100
Prepaid Insurance
1,500
Equipment
4,000
Accumulated Depreciation
200
Supplies
500
Accounts Payable
700
Wages Payable
300
Unearned Revenue
1,500
Contributed Capital
80,000
Retained Earnings
0
Sales
17,000
Gas Expense
400
Supply Expense
300
Insurance Expense
200
Depreciation Expense
200
Wage Expense
500
Dividends
1,000
99,700
99,700
