Dawson Hair Stylists Adjusted Trial Balance December 31, 2024 Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Print $ Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense Total Done S Balance Debit 900 500 1,600 19,900 $ 19,900 650 Credit $ 1,100 100 1,000 3,600 0056 4 1,100 100 1,000 3,600 9,250 15,700 4,600 800 1,100 700 30,750 $ 30,750

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter22: End-of-fiscal-period Work For A Corporation
Section22.1: Preparing Adjusting Entries
Problem 1OYO
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Dawson Hair Stylists' adjusted trial balance follows. Prepare Dawson's income statement for the year ended December 31, 2024
(Click on the icon to view the adjusted trial balance)
Net Income (Loss)
Dawson nair stynsts
Income Statement
Year Ended December 31, 2024
Data table
Account Title
Cash
Accounts Receivable
Office Supplies
Dawson Hair Stylists
Adjusted Trial Balance
December 31, 2024
Equipment
Accumulated Depreciation-Equipment
Accounts Payable
Interest Payable
Notes Payable
Print
$
Equipment
Accumulated Depreciation-Equipment
Accounts Payable
Interest Payable
Notes Payable
Common Stock
Dividends
Service Revenue
Rent Expense
Supplies Expense
Depreciation Expense-Equipment
Interest Expense
Total
Done
$
Balance
Debit
900
500
1,600
19,900
S
19,900
650
4,600
800
1.100
700
Credit
$
30,750 $
1,100
100
1,000
3,600
0050
-
1,100
100
1,000
3,600
9,250
15,700
30,750
X
Transcribed Image Text:Dawson Hair Stylists' adjusted trial balance follows. Prepare Dawson's income statement for the year ended December 31, 2024 (Click on the icon to view the adjusted trial balance) Net Income (Loss) Dawson nair stynsts Income Statement Year Ended December 31, 2024 Data table Account Title Cash Accounts Receivable Office Supplies Dawson Hair Stylists Adjusted Trial Balance December 31, 2024 Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Print $ Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense Total Done $ Balance Debit 900 500 1,600 19,900 S 19,900 650 4,600 800 1.100 700 Credit $ 30,750 $ 1,100 100 1,000 3,600 0050 - 1,100 100 1,000 3,600 9,250 15,700 30,750 X
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