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ACCT 1110 ~ Name _________________________________

Preparing Financial Statements for a Service Revenue Company
From the adjusted trial balance provided, properly prepare the following annual statements: 1)
Income Statement, 2) Statement of Equity, and 3) Classified Balance Sheet. (Scan completed
assignment and upload as one file.) Upload your completed assignment (as one file for me to print)
back into Document Sharing in MyAccountingLab!

*To break out owner’s capital, assume that beginning owner’s capital was $40,000!
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Financial Statement Titles

Financial Statement Titles
Financial Statement Titles

Financial Statement Titles

Financial Statement Titles
Financial Statement Titles
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Financial Statement Titles

Financial Statement Titles
Financial Statement Titles