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  • Statement of CI & FP (Llandino)

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    Joy Danielle Llandino
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    The documents provide financial information for Bell Company as of December 31, 2019. The adjusted trial balance shows the company's assets (including cash, accounts receivable, supplies, and equipment), liabilities (accounts payable, salaries payable, notes payable), and capital account. The statement of comprehensive income presents the company's revenues and expenses for the period. It shows a net service revenue of $12,800. The statement of financial position lists the company's assets (current assets of $422,400 and noncurrent assets of $27,000), liabilities (current liabilities of $169,000), and owner's equity (capital, net income, withdrawals) as of December 31, 2019.

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    The documents provide financial information for Bell Company as of December 31, 2019. The adjusted trial balance shows the company's assets (including cash, accounts receivable, supplies, and equipment), liabilities (accounts payable, salaries payable, notes payable), and capital account. The statement of comprehensive income presents the company's revenues and expenses for the period. It shows a net service revenue of $12,800. The statement of financial position lists the company's assets (current assets of $422,400 and noncurrent assets of $27,000), liabilities (current liabilities of $169,000), and owner's equity (capital, net income, withdrawals) as of December 31, 2019.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    31 views5 pages

    Statement of CI & FP (Llandino)

    Uploaded by

    Joy Danielle Llandino
    The documents provide financial information for Bell Company as of December 31, 2019. The adjusted trial balance shows the company's assets (including cash, accounts receivable, supplies, and equipment), liabilities (accounts payable, salaries payable, notes payable), and capital account. The statement of comprehensive income presents the company's revenues and expenses for the period. It shows a net service revenue of $12,800. The statement of financial position lists the company's assets (current assets of $422,400 and noncurrent assets of $27,000), liabilities (current liabilities of $169,000), and owner's equity (capital, net income, withdrawals) as of December 31, 2019.

    Copyright:

    © All Rights Reserved
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    of 5

    Bell Company Bell Company

    Adjusted Trial Balance Statement of Comprehensive Incom

    As of December 31, 2019 For the Period Ending December 31, 2

    Cash 276,400.00 Service Revenue

    Accounts Receivable 125,600.00 Less:


    Supplies 20,400.00 Rent Expense

    Office Equipment 50,000.00 Salaries Expense

    Accumulated
    Depreciation 23,000.00 Utilities Expense

    Accounts Payable 28,000.00 Advertising Expense

    Salaries Payable 5,000.00 Supplies Expense

    Notes Payable 136,000.00 Depreciation Expense

    Belle, Capital 299,600.00 Net Servive Revenue/Loss

    Belle, Withdrawal 32,000.00

    Service Income 190,000.00

    Rent Expense 78,400.00

    Salaries Expense 55,400.00

    Utilities Expense 23,200.00

    Advertising Expense 14,400.00

    Supplies Expense 2,800.00

    Depreciation Expense 3,000.00


    681,600.00 681,600.00
    Bell Company Bell Company

    tement of Comprehensive Income Statement of Financial Position

    he Period Ending December 31, 2019 As of December 31, 2019

    190,000.00 ASSETS

    Current Assets
    78,400.00 Cash

    55,400.00 Accounts Receivable

    23,200.00 Supplies

    14,400.00 Total Currents Assets

    2,800.00

    3,000.00 177,200.00 Noncurrent Assets

    evenue/Loss 12,800.00 Office Equipment

    Less: Accumulated Depreciation

    Total Noncurrent Assets

    Total Assets

    LIABILITIES

    Current Liabilities

    Accounts Payable
    Salaries Payable
    Notes Payable
    Total Current Liabilities

    Noncurrent Liabilities
    -
    Total Liabilities

    OWNER'S EQUITY
    Belle, Capital
    Net Servive Revenue/Loss
    Belle, Withdrawal
    Total Owner's Equity

    Total Liabilities and Owner's Equity


    any

    ial Position

    31, 2019

    276,400.00

    125,600.00

    20,400.00

    422,400.00

    50,000.00

    -23,000.00

    27,000.00

    449,400.00

    28,000.00
    5,000.00
    136,000.00
    169,000.00

    169,000.00

    299,600.00
    12,800.00
    -32,000.00
    280,400.00

    449,400.00

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