P4-5A Laura Eddy opened Eddys Carpet Cleaners on March 1.

Aa pable 1026 mar 5 prepaid insurance 1668 cash 1668

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Aa pable 1,026 Mar. 5 Prepaid insurance 1,668 cash 1,668 Mar. 14 Account receivable 1,437 Service rev 1,437 Mar. 18 Acc payable 1,980 cash 1,980 Mar.20 Salaries ex 2,000 cash 2,000 Mar. 21 cash 1,413 Aa rec 1,413 Mar. 28 Aa rec 2,384 Service rev 2,384
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Mar. 31 Gas oil ex 181 cash 181 Mar. 31 withdro 674 cash 674 Prepare a trial balance at March 31 on a worksheet. Enter the following adjustments on the worksheet and complete t 1. Earned but unbilled revenue at March 31 was $683. 2. Depreciation on equipment for the month was $268. 3. One-twelfth of the insurance expired. 4. An inventory count shows $352 of cleaning supplies on hand at March 31. 5. Accrued but unpaid employee salaries were $509. 1. EDDY'S CARPET C Workshee For the Month Ended M Trial Balance Adjustments Ad Account Titles Dr. Cr. Dr. Cr. Cash Accounts Receivable Cleaning Supplies Prepaid Insurance Equipment Accounts Payable L. Eddy, Capital L. Eddy, Drawings Service Revenue Gas & Oil Expense Salaries Expense Totals Depreciation Expense Accumulated Depreciation Insurance Expense Cleaning Supplies Expense Salaries Payable Totals Net Income Totals
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Prepare the income statement and owner's equity statement for March and a classified balance sheet at March 31. (List amounts from largest to smallest eg 10, 5, 3, 2. List assets in order of liquidity and liabilities from largest to smallest eg 10, 5, 3, 2. If answer is zero, please enter 0. Do not leave any fields blank.) EDDY'S CARPET CLEANERS Income Statement Revenues $ Expenses $ Total expenses Net income $ EDDY'S CARPET CLEANERS Owner's Equity Statement $ Add: Less: $ EDDY'S CARPET CLEANERS Balance Sheet Assets Current Assets $ Total current assets Property, plant and equipment $ : Total assets $ Liabilities and Owner's Equity Current liabilities $ Total current liabilities Owner's Equity
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