Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i need the balance sheet after the equity statemen

I need the balance sheet after the equity statement pls ...

50.1K

Verified Solution

Question

Accounting

I need the balance sheet after the equity statement pls image
image
image
Phoebe Company Adjusted Trial Balance July 31, 2020 No. Account Titles Debit Credit 101 Cash $9,840 112 Accounts Receivable 8.780 157 Equipment 15.900 158 Accumulated Depreciation-Equip. 57.400 201 Accounts Payable 4.220 208 Unearned Rent Revenue 1.800 301 45.200 Owner's Capital Owner's Drawings 306 16.000 400 Service Revenue 64,000 429 Rent Revenue 6.500 711 8.000 Depreciation Expense Salaries and Wages Expense 726 55.700 732 Utilities Expense 14,900 $129,120 $129,120 PHOEBE COMPANY Income Statement For the Year Ended July 31, 2020 Revenues Service Revenue 64000 Rent Revenue 6500 Total Revenues S 70500 Expenses 8000 Depreciation Expense 55700 i Salaries and Wages Expense 14900 Utilities Expense 78600 i Total Expenses 8100 Net Income / Loss Prepare an owner's equity statement for the year. Phoebe did not make any capital investments during the year. PHOEBE COMPANY Owner's Equity Statement S $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

(Question: Is the combined scores data approximately normal? Yes or no?) Data: Race Position Oral exam results Written exam results Combined results B Lieutenant 45.83 46 45.932 B Lieutenant 52.92 49 50.568 B Captain 54.76 49 51.304 H Lieutenant 48.33 58 54.132 B Lieutenant 52.08 56 54.432 H Lieutenant 40.83 64 54.732 B Captain 60 53 55.8 W Captain 53.81 58 56.324 B Lieutenant 58.75 55 56.5 W Lieutenant 54.58 58 56.632 B Lieutenant 55.83 58 57.132 W Lieutenant 45.42 65 57.168 H Lieutenant 44.17 66 57.268 H Captain 42.86 67 57.344 W Lieutenant 44.58 66 57.432 W Lieutenant 51.25 62 57.7 W Lieutenant 57.92 58 57.968 B Captain 70.48 50 58.192 B Lieutenant 60.83 58 59.132 H Lieutenant 46.25 68 59.3 H Captain 57.14 61 59.456 W Lieutenant 60 60 60 W Lieutenant 49.58 67 60.032 B Lieutenant 51.25 66 60.1 B Lieutenant 55 64 60.4 B Captain 67.62 56 60.648 H Lieutenant 51.25 67 60.7 H Lieutenant 42.5 73 60.8 W Captain 48.57 69 60.828 B Lieutenant 56.25 64 60.9 B Lieutenant 56.67 64 61.068 W Lieutenant 56.25 66 62.1 H Captain 58.57 65 62.428 H Lieutenant 50.42 71 62.768 W Lieutenant 71.67 57 62.868 W Captain 55.24 68 62.896 H Lieutenant 51.67 71 63.268 B Lieutenant 69.17 60 63.668 H Lieutenant 57.5 70 65 W Lieutenant 50.42 75 65.168 B Lieutenant 66.25 65 65.5 W Lieutenant 55 73 65.8 H Captain 67.14 65 65.856 H Lieutenant 56.25 73 66.3 W Lieutenant 79.17 59 67.068 B Captain 52.38 77 67.152 W Lieutenant 64.58 69 67.232 B Lieutenant 70.83 65 67.332 W Captain 57.14 75 67.856 W Lieutenant 51.67 79 68.068 H Lieutenant 62.5 72 68.2 W Lieutenant 51.25 80 68.5 W Lieutenant 73.75 66 69.1 W Lieutenant 58.75 76 69.1 H Lieutenant 70.83 68 69.132 H Captain 60.48 75 69.192 W Captain 59.05 76 69.22 W Captain 71.43 68 69.372 W Captain 71.43 68 69.372 W Lieutenant 64.58 73 69.632 W Captain 78.57 64 69.828 W Captain 62.38 75 69.952 W Lieutenant 71.67 69 70.068 W Lieutenant 73.75 68 70.3 B Captain 70.95 70 70.38 W Lieutenant 77.5 66 70.6 H Lieutenant 53.75 82 70.7 W Lieutenant 65.83 74 70.732 W Lieutenant 58.33 79 70.732 H Lieutenant 69.17 72 70.868 H Lieutenant 55 82 71.2 W Captain 56.67 81 71.268 W Captain 82.38 64 71.352 B Captain 68.57 74 71.828 W Lieutenant 73.33 71 71.932 W Lieutenant 72.5 72 72.2 B Lieutenant 92.08 59 72.232 W Lieutenant 66.67 76 72.268 B Lieutenant 70.83 74 72.732 W Lieutenant 78.33 70 73.332 W Captain 70 76 73.6 W Captain 73.33 74 73.732 B Lieutenant 65.83 80 74.332 W Lieutenant 87.5 66 74.6 B Captain 82.38 70 74.952 W Captain 76.67 74 75.068 W Lieutenant 63.33 83 75.132 W Captain 73.81 77 75.724 W Lieutenant 74.17 77 75.868 B Lieutenant 80.42 73 75.968 H Captain 79.05 74 76.02 B Lieutenant 61.25 86 76.1 W Captain 80 74 76.4 W Captain 87.62 69 76.448 B Lieutenant 77.5 76 76.6 W Lieutenant 58.75 89 76.9 W Captain 84.29 72 76.916 W Lieutenant 73.75 81 78.1 W Captain 73.81 81 78.124 H Captain 70 84 78.4 W Lieutenant 69.58 86 79.432 W Captain 76.19 82 79.676 H Captain 76.19 82 79.676 W Captain 76.19 84 80.876 W Captain 88.57 76 81.028 W Lieutenant 68.33 91 81.932 W Lieutenant 63.75 95 82.5 W Lieutenant 80.83 84 82.732 W Lieutenant 73.33 89 82.732 W Lieutenant 73.75 91 84.1 W Lieutenant 80 87 84.2 W Lieutenant 85 84 84.4 W Captain 82.38 87 85.152 W Lieutenant 77.5 91 85.6 W Lieutenant 87.5 87 87.2 W Captain 80 95 89 W Lieutenant 88.75 91 90.1 W Captain 89.52 95 92.808

Statistics
Q

The Isotope chlorine-36 decays into argon-36, with a half-life of 3.01 x 105 years. Based...

Physics
Q

6 Nathan drew a circle on a grid w following pairs of coordinates re A...

Geometry
Q

16 What s the concentration of hydronium ions if a water base solution has a...

Basic Math
Q

QUESTION 1 (25 MARKS) Contract No.12476 commenced during year 2017 and...

Accounting
Q

Explain coaching, job rotation, special assignment and peer training and give example those trainings. 250...

Accounting
Q

B D E PICCASO PAINT COMPANY Income statement items year ended 12/31/2021 ($ in thousands...

Accounting
Q

The following dashboard shows cash payments for the month. July 5 issued check no. 101...

Accounting
Q

This is a continuous problem for governmental/non-profit accounting. Though I just need help with chapter...

Accounting
Q

The Ortman Company manufactures products in two departments: Mixing and Packaging. The company was allocating...

Accounting
Q

Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at...

Accounting
Q

Which of the following best describes an Intuit approved app? A. An app that is...

Accounting