Reference no: EM132523306
The following are the balances taken from ledgers of Basten Company on July 31, 2017 after posting of adjustments.
Salaries and wages payable.................................. $ 2,080
Notes payable (long-term)........................................ 1,800
Salaries and wages expense ................................ 44,000
Cash .............................................................................. 6,000
Utilities expense ........................................................ 22,600
Unearned Service revenue ................................. 8,500
Interest Expense ..................................................... 2,700
Supplies........................................................................ 1,000
Account receivable..................................................... 9,780
Supplies Expense ....................................................... 2,000
Equipment ................................................................... 34,400
Rent expense .............................................................. 2,000
Accumulated depreciation-equipment .............. 6,000
Accounts payable........................................................ 4,100
Prepaid Rent.................................................................. 7,200
Owner's drawings...................................................... 3,000
Service revenue........................................................ 63,000
Depreciation expense.............................................. 2,000
Owner's capital (beginning of the year) ............. 51,200
Required: On the basis of above information prepare
Question a. Adjusted trial balance on July 31, 2017, Assume all accounts mentioned above have normal balances.
Question b. Comprehensive income statement.
Question c. Statement of changes in owners' equity (assume owner didn't made any investment during the period).
Question d. Classified Balance sheet.