Question

HD QUOSLIUI. 40 LS 3 of 3 Chicago Veterinary Hospital completed the following worksheet as of December 31, 2018 (Click the icon to view the partial worksheet.) Read the requirements Requirement 1. Complete the worksheet for Chicago Veterinary Hospital Complete the worksheet by preparing the income Statement and Balance Sheet columns. Be sure to calculate the total debits and credits in each step. Chicago Veterinary Hospital Worksheet December 31, 2018 Balance Adjusted Trial Balance Income Statement Sheet Account Names Debit Credit Debit Credit Debit Credit 24,500 11,500 24,500 11,500 550 4,500 21,000 Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock Retained Eamings 1,300 4,800 290 1,275 11,400 34,000 39,910 Choose from any list or enter any number in the input fields and then continue to the next question Save for Later

Answer 1

Income Statement Debit Credit Chicago Veterinary Hospital Account Names Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Expense Salaries Expense Supplies Expense Utilities Expense Depreciation Expense-Equipment Totals Net Income or Loss Totals Adjusted TB Debit Credit 24,500 11,500 550 4,500 21,000 1,300 4,800 290 1,275 11,400 34,000 39,910 22,000 31,400 22,500 8,275 250 8,000 1,300 124,375 124,375 Balance Sheet Debit Credit 24,500 11,500 550 4,500 21,000 1,300 4,800 290 1,275 11,400 34,000 39,910 22,000 31,400 22,500 8,275 250 8,000 1,300 40,325 92,975 31,400 8,925 40,325 84,050 8,925 92,975 40,325 92,975