Retained earnings statement and balance statement

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Reference no: EM13825755

Bob's Laundry

Trial Balance

December 31, 2013

Cash                                                                            6,100

Laundry Supplies                                                        9,560

Prepaid Insurance                                                       8,490

Laundry Equipment                                                105,100

Accumulated Depreciation Laundry Equipment                                40,200

Accounts Payable                                                                         6,100

Mortgage Payable                                                                          10,000

Capital Stock                                                                                  6,000

Retained Earnings 1-1-2003                                                           31,800

Dividends                                                                   2,000

Laundry Revenue                                                                           170,900

Wages Expense                                                           61,400

Rent Expense                                                              36,000

Utilities Expense                                                         10,000

Insurance Expense                                                      13,650

Miscellaneous Expense                                               12,700        

Total                                                                            265,000        265,000

Prepare and income statement, retained earnings statement and balance statement for Bob’s Laundry for the year ending December 31, 2013.

Reference no: EM13825755

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