Utilizando la siguiente información, prepare un Estado de Situación o Balance general (Balance Sheet) y un Estado de Ingresos y Gastos o Estado de Resultados (Income Statement)....

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Create a Balance Sheet and a Income Statement


Utilizando la siguiente información, prepare un Estado de Situación o Balance general (Balance Sheet) y un Estado de Ingresos y Gastos o Estado de Resultados (Income Statement).                                                       Tuttle Photo Co.                                                        Worksheet                                For the Year Ended December 31, 2018 Accounts                                                                          Debit                  Credit Cash                                                                             $15,000 Accounts Receivable                                                         30,000 Prepaid Insurance                                                              7,500 Office Supplies                                                                   3,200 Building                                                                         160,000 Accumulated Depreciation—Building                                                            $12,000 Equipment                                                                       75,000 Accumulated Depreciation—Equipment                                                           8,500 Land                                                                               40,000 Accounts Payable                                                                                        12,000 Salaries Payable                                                                                           2,000 Unearned service revenue                                                                            25,000 Mortgage Payable                                                                                     100,000 R. Tuttle, Capital                                                                                        21,290 R. Tuttle, Withdrawals                                                       23,000 Service Revenue                                                                                       289,000 Salaries Expense                                                               61,000 Depreciation Expense—Building and Equipment                6,150 Office Supplies Expense                                                    14,040 Insurance Expense                                                           14,000 Utilities Expense                                                               20,900         ________ Total                                                                         $469,790        $469,790
Answered Same DayOct 14, 2022

Answer To: Utilizando la siguiente información, prepare un Estado de Situación o Balance general (Balance...

Khushboo answered on Oct 15 2022
58 Votes
Sheet1
        Tuttle Photo Co            Tuttle Photo Co
        Balance Sheet as at December 31, 2018            Income Statem
ent for the year ended December 31, 2018
        Particulars    Amount        Particulars    Amount
        Assets            Service revenue    289,000
        Current assets
        Cash    15,000        Less: Expenses
        Accounts receivables    30,000        Salaries expenses    61,000
        Prepaid...
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