Ch05P2B - 700 Fees earned 4,200 Amortization expense,...

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Problem 5-2B Family Photographers Work Sheet For Year Ended December 31, 2005 Account Adjustments Income Statement Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 14,000 Accounts receivable 3,100 Prepaid equipment rental 1,930 Automobile 26,000 Accumulated amortization, automobile - Accounts payable 960 Unearned fees 2,870 Jim Tucker, capital 39,400 Jim Tucker, withdrawals
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Unformatted text preview: 700 Fees earned 4,200 Amortization expense, automobile- Equipment rental expense 1,700 Totals 47,430 47,430 4. Calculate the balance in the capital account as it would appear on the December 31, 2005 balance sheet. Unadjusted Trial Balance Adjusted Trial Balance Balance Sheet & Statement of Owner's Equity...
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