L carcollege.ca/webapps/assessment/take/take.jsp?course assessment id=_47282_1&course_id=_36960_1&content id=_1514762 1&questi 0 Balance Adjustments Balance Cr. Cr. Dr. Dr. 14,000 32,000 16,800 102,000 Dr. 31,000 $ $ $ 12,000 11,500 14,000 63,000 4,800 102,000 Account Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Abraham Nuna, capital Abraham Nuna, withdrawals Revenues Depreciation expense, equipment Salaries expense Insurance expense 23,000 19,000 213,000 34,500 19,000 213,000 102,000 102,000 214,000 31,000 245,000 0 11,500 187.700 11,500 187,700 26,500 14,500 12,000 Totals $469,000 S 469,000 $ 54,500 $ 54,500 $ 511,500 $ 511,500 Using the completed adjusted trial balance columns from the above table, prepare an income statement, a statement of changes in equity, and a balance sheet for the year ended February 28, 2017. Use the account names as they are called in the worksheet Assume that the owner made no investments during the year. (Be sure to list the assets and liabilities in order of their liquidity. Enter all amounts as positive in the income statement.) ke Test: Assignment# X https://m.stdaircollege.ca/webapps/assessment/take/take.jsp?course assessment_id=_47282 18course_id=_36960_18content_id=_1514762 18.questi NUNA MUSIC Income Statement For Year Ended February 28, 2017 Total operating expenses Profit/ loss NUNA MUSIC Statement of Changes in Owner Equity For Year Ended February 28, 2017 Abraham Nuna capital, March 1 Add. B https://ms.stdaircollege.ca/webapps/assessment/take/take.jsp?course assessment id=47282_1&course_id=36960_1&content id-1514762 1&questi Statement of Changes in Owner Equity For Year Ended February 28, 2017 Abraham Nuna, capital, March 1 Add Tess Abraham Nuna, capital, February 28 NUNA MUSIC Balance Sheet February 28, 2017 Assets Less Total Assets Liabilities re to search AG 2018 D 4 ENG 23-07-2019 Take test: Assignment# X 47282_18course_id=36960_1&content id=_1514762 1&questi – 0 https://m.stair college.ca/webapps/assessment/take/takejsp?course assessment_id NUNA MUSIC Balance Sheet February 28, 2017 Assets Total Assets Liabilities Total liabilities and equity O pe here to see & ENG
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