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What is the Balance Sheet for the Fiscal year? Using the information above.

/in /by

What is the Balance Sheet for the Fiscal year? Using the

information above. This is to include closing out temporary accounts to arrive at the adjusted retained earnings balance.

Screen Shot 2019-03-12 at 9.29.30 PM.png

Screen Shot 2019-03-12 at 9.29.30 PM.png

The following is the Frederick Company’s adjusted Trial Balance .
Frederick Company
Adjusted Trial Balance*
December 31 , 2018
Account Title
Debit
Credit
Cash
$85, 150
Accounts Receivable
229, 140
Supplies
16, 95.5
Equipment
3.95, 205
Accumulated Depreciation*
$ 221 , 260
Accounts Payable*
74, 235
Capital Stock
220, 000
Retained Earnings
101 , 145
SERVICE REVENUE
$:93, 105
Interest Income*
1, 500
 
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