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Create the three financial statements from the trial balance

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Reference no: EM132405074

Question

From the trial balance you are to complete the three basic financial statements in the correct order (income, capital, and balance sheet). After completing the financial statements, you are to comment on how the company is doing.

Required:

Create the three financial statements from the trial balance below.

Your name

Trial Balance, 31-Dec-19

Account Debit Credit

Cash   86600 

A/R 0

Furniture 810

Office Equipment 2000

A|P 810

Notes Payable 1900

Capital 80000

Fees Earned  8100

Rent Expense  1200

Utilities Expense  200

90810        90810

Create the financial statements using excel and a word document.

Reference no: EM132405074

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