Estrada Real Estate Appraisal
Adjusted Trial Balance
June 30, 2018
Balance
Account Title
Debit Credit
Cash $4,400
Accounts Receivable 4,500
Office Supplies 2,700
Prepaid Insurance 1,900
Land 13,200
Building 77,000
Accumulated DepreciationâBuilding $25,500
Accounts Payable 19,400
Interest Payable 8,000
Salaries Payable 2,200
Unearned Revenue 7,100
Notes Payable (long-term) 37,000
Estrada, Capital 40,000
Estrada, Withdrawals 27,500
Service Revenue 48,300
Insurance Expense 5,000
Salaries Expense 32,900
Supplies Expense 900
Interest Expense 8,000
Utilities Expense 1,800
Depreciation ExpenseâBuilding 7,700
Total $187,500 $187,500
QUESTION 6.) Prepare theâ company's classified balance sheet in report form at June 30, 2018. (If a box is not used in the balanceâ sheet, leave the boxâ empty; do not select a label or enter aâ zero.)
Estrada Real Estate Appraisal
Balance Sheet
June 30, 2018
ASSETS
?
?
_____?___
?
?
?
?
?
?
?
LESS:
_______?
________?
?
__?______
?
?
LIABILITIES
?
?
?
?
?
?
?
?
?
?
______?
?
?
?
?
______?
?
?
OWNERâS EQUITY
?
_?___________
?
?
Estrada Real Estate Appraisal
Adjusted Trial Balance
June 30, 2018
Balance
Account Title
Debit Credit
Cash $4,400
Accounts Receivable 4,500
Office Supplies 2,700
Prepaid Insurance 1,900
Land 13,200
Building 77,000
Accumulated DepreciationâBuilding $25,500
Accounts Payable 19,400
Interest Payable 8,000
Salaries Payable 2,200
Unearned Revenue 7,100
Notes Payable (long-term) 37,000
Estrada, Capital 40,000
Estrada, Withdrawals 27,500
Service Revenue 48,300
Insurance Expense 5,000
Salaries Expense 32,900
Supplies Expense 900
Interest Expense 8,000
Utilities Expense 1,800
Depreciation ExpenseâBuilding 7,700
Total $187,500 $187,500
QUESTION 6.) Prepare theâ company's classified balance sheet in report form at June 30, 2018. (If a box is not used in the balanceâ sheet, leave the boxâ empty; do not select a label or enter aâ zero.)
Estrada Real Estate Appraisal
Balance Sheet
June 30, 2018
ASSETS |
? | |||
? | |||
_____?___ | |||
? | ? | ||
? | |||
? | ? | ||
? | ? | ||
LESS: | _______? | ________? | |
? | __?______ | ||
? | ? |
LIABILITIES |
? | |||
? | ? | ||
? | ? | ||
? | ? | ||
? | ? | ||
? | ______? | ||
? | ? | ||
? | |||
? | ______? | ||
? | ? |
OWNERâS EQUITY |
? | _?___________ |
? | ? |