complete the worksheet and prepare a classified balance sheet 643737
(Worksheet and Balance Sheet Presentation) The adjusted trial balance for Madrasah Co. is presented in the following worksheet for the month ended April 30, 2012.
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MADRASAH CO. |
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Adjusted Trial Balance |
Income Statement |
Balance Sheet |
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Accounts |
Debit |
Credit |
Debit |
Credit |
Debit |
Credit |
|
Cash |
$18,972 |
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Accounts Receivable |
6,920 |
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Prepaid Rent |
2,280 |
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Equipment |
18,050 |
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Accumulated Depreciation—Equipment |
$4,895 |
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Notes Payable |
5,700 |
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Accounts Payable |
4,472 |
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Owner”s Capital |
34,960 |
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Owner”s Drawings |
6,650 |
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Service Revenue |
12,590 |
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Salaries and Wages Expense |
6,840 |
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Rent Expense |
2,760 |
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Depreciation Expense |
145 |
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Interest Expense |
83 |
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Interest Payable |
83 |
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Instructions
Complete the worksheet and prepare a classified balance sheet.