Prepare and income statement, retained earnings statement and balance statement for Zonic Sanitizing for the year ending December 31, 2022. Zonic Sanitizing Trial Balance December 31, 2022 Cash 6,100 Laundry Supplies 9,560 Prepaid Insurance 8,490 Laundry Equipment 105,100 Accumulated Depreciation Laundry Equipment 40,200 Accounts Payable 6,100 Mortgage Payable 10,000 Capital Stock 6,000 Retained Earnings (1-1-2019 31),800 Dividends 2,000 Laundry Revenue 170,900 Wages Expense 61,400 Rent Expense 36,000 Utilities Expense 10,000 Insurance Expense 13,650 Miscellaneous Expense 12,700 Total 265,000 265,000

Quickbooks Online Accounting
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ISBN:9780357391693
Author:Owen
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Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 4.1C
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Prepare and income statement, retained earnings statement and balance statement for Zonic Sanitizing
for the year ending December 31, 2022. Zonic Sanitizing
Trial Balance December 31, 2022
Cash 6,100
Laundry Supplies 9,560
Prepaid Insurance 8,490
Laundry Equipment 105,100
Accumulated Depreciation Laundry Equipment 40,200
Accounts Payable 6,100
Mortgage Payable 10,000
Capital Stock 6,000
Retained Earnings (1-1-2019 31),800
Dividends 2,000
Laundry Revenue 170,900
Wages Expense 61,400
Rent Expense 36,000
Utilities Expense 10,000
Insurance Expense 13,650
Miscellaneous Expense 12,700
Total 265,000 265,000
Transcribed Image Text:Prepare and income statement, retained earnings statement and balance statement for Zonic Sanitizing for the year ending December 31, 2022. Zonic Sanitizing Trial Balance December 31, 2022 Cash 6,100 Laundry Supplies 9,560 Prepaid Insurance 8,490 Laundry Equipment 105,100 Accumulated Depreciation Laundry Equipment 40,200 Accounts Payable 6,100 Mortgage Payable 10,000 Capital Stock 6,000 Retained Earnings (1-1-2019 31),800 Dividends 2,000 Laundry Revenue 170,900 Wages Expense 61,400 Rent Expense 36,000 Utilities Expense 10,000 Insurance Expense 13,650 Miscellaneous Expense 12,700 Total 265,000 265,000
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