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Wizard Services Co_Financial statements

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Question

Wizard Services Co.;As on July 31, 2012;Complete the worksheetand prepare the financial statements.;Account Title;Adjusted Trial Balance;Dr.;Cr.;Cash;26,750;Accounts Receivable;11,900;Supplies;3,900;Prepaid Insurance;3,700;Land;50,000;Building;57,500;Accum. Depr. - Building;24,800;Equipment;32,000;Accum. Depr. - Equip.;11,100;Accounts Payable;3,350;Wages Payable;100;Unearned Rent;700;Capital Stock;30,000;Retained Earnings;95,350;Dividends;2,000;Service Revenue;36,000;Rent Revenue;2,000;Wages Expense;5,100;Rent Expense;2,500;Utilities Expense;1,650;Supplies Expense;1,500;Depreciation Expense - Building;1,400;Insurance Expense;1,100;Depreciation Expense - Equipment;900;Miscellaneous Expense;1,500;Totals;203,400;203,400

 

Paper#77431 | Written in 18-Jul-2015

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