Accounting Question

Chapter 4 Financial Statements
The following is the adjusted trial balance for Nadia Company.
Nadia Company
Adjusted Trial Balance
December 31, 2010
Cash
Accounts Receivable
Prepaid Expenses
Equipment
Accumulated Depreciation
Accounts Payable
Notes Payable – Due on June 30, 2011
Nadia Porter, Capital
Nadia Porter, Withdrawals
Fees Earned
Wages Expense
Rent Expense
Utilities Expense
Depreciation Expense
Miscellaneous Expense
Totals
5,130
3,300
550
12,400
2,200
700
4,000
13,000
700
9,930
2,450
1,900
1,475
1,150
775
29,830
29,830
Prepare an Income Statement, Balance Sheet, and Statement of Owner’s Equity. Assume that the
capital account started with a beginning balance of $10,000 (Capital January 1= $10, 000)