Total Assets..... Total Liabilities...... Net Income .... Total Equity. ? ? ? ?

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Activities Required In Completing A Quality Audit
Section: Chapter Questions
Problem 65RSCQ
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Please help with d (total equity).

Account
Cash
Accounts receivable
Interest receivable
Note receivable
Supplies
Prepaid insurance
Building
Accumulated depreciation-building
Accounts payable
Wages payable
Unearned rental revenue
Common stock
Retained earnings
Dividends
Rental revenue
Interest revenue
Depreciation expense-building
Supplies expense
Utilities expense
Wage expense
Property tax expense
Insurance expense
Total
Trial Balance Worksheet
June 30, 2018
$
Trial Balance
Debit
8,800
6,300
4,700
2,000
3,000
70,100
4,100
500
1,500
1,000
$
$ 102,000 $
Credit
8,200
6,600
2,000
13,000
41,000
30,200
1,000
$
Adjusted Trial Balance
Debit
Credit
102,000 $
8,800
6,870
100
4,700
300
1,900
70,100
4,100
1,000
1,700
500
2,350
1,000
1,100
$
104,520 $
9,200
6,600
850
1,300
13,000
41,000
31,470
1,100
104,520
Transcribed Image Text:Account Cash Accounts receivable Interest receivable Note receivable Supplies Prepaid insurance Building Accumulated depreciation-building Accounts payable Wages payable Unearned rental revenue Common stock Retained earnings Dividends Rental revenue Interest revenue Depreciation expense-building Supplies expense Utilities expense Wage expense Property tax expense Insurance expense Total Trial Balance Worksheet June 30, 2018 $ Trial Balance Debit 8,800 6,300 4,700 2,000 3,000 70,100 4,100 500 1,500 1,000 $ $ 102,000 $ Credit 8,200 6,600 2,000 13,000 41,000 30,200 1,000 $ Adjusted Trial Balance Debit Credit 102,000 $ 8,800 6,870 100 4,700 300 1,900 70,100 4,100 1,000 1,700 500 2,350 1,000 1,100 $ 104,520 $ 9,200 6,600 850 1,300 13,000 41,000 31,470 1,100 104,520
Total Assets...
Total Liabilities. . . . .
Net Income ....
Total Equity.....
?
?
?
?
Transcribed Image Text:Total Assets... Total Liabilities. . . . . Net Income .... Total Equity..... ? ? ? ?
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