Accounting Homework

Unit 6 Check Figures

Problem 4-6A

1. Unadjusted Trial Balance= $66,800

2. Adjusted Trial Balance = $67,270

3. Income Statement: Net Income= $16,455

4. Statement of Owner’s Equity: Emily Page, capital, June 30, 2010= $49,455

5. Balance Sheet: Total Assets= $54,300 Total Liabilities & Owner’s Equity=$54,300

6. Post Closing Trial Balance= $54,550