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Question 2 (Marks 10) Shown is the Trail Balance of Company ABC following January 31, 2020. By using Trial Balance Prepare Statement of Income, Retained Earning and Balance Sheet. Dr Cr 24,800 1,200 140 400 3,500 Company "ABC" Adjusted Trial Balance January 31, 2020 Accounts Cash A/Receivable Interest Receivable Supplies Equipment Accumulated Depreciation: Equipment Account Payable Salaries Payable Unearned Revenue Common Stock Dividends Interest Revenue Service Revenue Supplies Expense Depreciation Expense: Equipment Salaries Expense Utility Expense Total 75 500 1,500 3,400 20,000 100 140 10,100 100 75 5,100 300 35,715 35,715
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