Here is the info I got from a worksheet for preparing statements. 101 Cash 18,800 112 Acct Receive 16,200 126 Supplies 2,300 130 Prepaid Insurance 4,400 151 Office equipment 44,000 152 Accumulated Depreciation office equip. ...

Here is the info I got from a worksheet for preparing statements. 101 Cash 18,800 112 Acct Receive 16,200 126 Supplies 2,300 130 Prepaid Insurance 4,400 151 Office equipment 44,000 152 Accumulated Depreciation office equip. 20,000 200 Notes Payable 20,000 201 Accounts Payable 8,000 212...

Would you add your net income or comprehensive income to get your ending balance for retained earnings. I am assuming net income but not positive.

Accounts payable: 15,000 Accounts receivable: 11,000 Accumulated depreciation-video equip: 28,000 Advertising expense: 24,000 Cash: 24,000 Common stock: 90,000 Depreciation expense: 18,000 Dividends: 15,000 Note payable (due 2010): 70,000 Prepaid insur: 6,000

How to create an income statement, retianed earnings statement and balance sheet from. Adjusted Trail Balance Debit Credit Cash... 16,400 Accounts Receivable... 2,200 Office supplies... 1,800 Office...