Kohl's Home Repair
Trial Balance
May
Account Debit
Balance Credit
Balance
Cash
Accounts Receivable
Office Supplies
Prepaid Insurance
Equipment
Van
Accounts Payable
Wilhelm Kohl, Capital
Wilhelm Kohl, Drawing
Service Fees
Rent Expense
Wages Expense
Phone Expense
Gas and Oil Expense
Totals
Required:
Determine the following information. Use the format provided below.
a Total revenue for the month $fill in the blank
b Total expenses for the month $fill in the blank
c Net income for the month $fill in the blank
a Wilhelm Kohl's original investment in the business $fill in the blank
Net income for the month $fill in the blank
Owner's drawing fill in the blank
Increase decrease in capital fill in the blank
assests liabilites Owner equity
