Acc/280 Porter Company Case Study
Name: Learning Team
Course: ACC/280
Date:
P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. (a) Complete the worksheet by extending the balances to the financial statement columns.
PORTER COMPANY
Work Sheet (Partial)
For the Year Ended December 31, 2008 Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit
Cash $18,800 $18,800
Accounts Receivable 16,200 16,200
Prepaid Insurance 4,400 4,400
Supplies 2,300 2,300
Equipment 44,000 44,000
Accum Dep - Equip $20,000 $20,000
Notes Payable 20,000 20,000 …show more content…
No additional common stock was issued during the quarter ended March 31,
Course: ACC/280
Date:
P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. (a) Complete the worksheet by extending the balances to the financial statement columns.
PORTER COMPANY
Work Sheet (Partial)
For the Year Ended December 31, 2008 Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit
Cash $18,800 $18,800
Accounts Receivable 16,200 16,200
Prepaid Insurance 4,400 4,400
Supplies 2,300 2,300
Equipment 44,000 44,000
Accum Dep - Equip $20,000 $20,000
Notes Payable 20,000 20,000 …show more content…
No additional common stock was issued during the quarter ended March 31,