Author Question: Below is the Trial Balance for Benson Company for June 30, 2017.Trial BalanceJune 30, ... (Read 87 times)

jrubin · **on:** Nov 10, 2019

Below is the Trial Balance for Benson Company for June 30, 2017.

Trial Balance

June 30, 2017

Debit

Credit

Cash

370

Accounts Receivable

1,600

Office Equipment

900

Accounts Payable

770

Benson, Capital

1,500

Benson, Withdrawals

500

Service Fees

2,730

Advertising Expense

600

Salaries Expense

630

Utilities Expense

400

Totals

5,000

Required:
Prepare
1. An Income Statement for the month ended June 30, 2017
2. A Statement of Owner's Equity for the month ended June 30, 2017
3. A Balance Sheet, as of June 30, 2017

dajones82 · **Reply #1 on:** Nov 10, 2019

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