The completed financial statement columns of the spreadsheet for Carla Vista Company are
shown as follows:
Question 2 of 2
CARLA VISTA COMPANY Income Statement For ihe Year Finded Descenter 21, 2022
Rirweiuans Service Revinue I rirense: Depenclation Erament lumirarice Evpente Fryares and
Way wis tapense
Prepare an owner's equitystatement. (List items that incredse owner's equity first.
Prepare an owner's equity statement. (Ust items that increose owner's equity first)
Prepare a dassified balance shicet. [tist Cumrent Assets in order of liquidity]
Prepare the closing entries. L. Garla Vista did not make ary additionat imestments during the
yerag, |Crndit occount IISes ars enter 0 for the amounts)
(To close expense accounts) Dec. 31 (To dose net income / (loss)) Dec. 31 (To dose drawings)
Enter the balances from the adjusted trial balance and post the closing entries and calculate the
balances of the acrounts. (Fost entries in the order of journal entries presented in the previous
part.)
Owner's Drawings No. 306 Income Summary No. 350 Service Revenue No. 400 Mointenance
and Repairs Expense
Maintenance and Repairs Expense No. 622 Depreciation Expense No, 711 Insurance Expense
No. 722 Salaries and Wages Expense No, 726
n...usa a nnaticlosing trial batunce..
The completed financial statement columns of the spreadsheet for Carl.pdf
1. The completed financial statement columns of the spreadsheet for Carla Vista Company are
shown as follows:
Question 2 of 2
CARLA VISTA COMPANY Income Statement For ihe Year Finded Descenter 21, 2022
Rirweiuans Service Revinue I rirense: Depenclation Erament lumirarice Evpente Fryares and
Way wis tapense
Prepare an owner's equitystatement. (List items that incredse owner's equity first.
Prepare an owner's equity statement. (Ust items that increose owner's equity first)
Prepare a dassified balance shicet. [tist Cumrent Assets in order of liquidity]
Prepare the closing entries. L. Garla Vista did not make ary additionat imestments during the
yerag, |Crndit occount IISes ars enter 0 for the amounts)
(To close expense accounts) Dec. 31 (To dose net income / (loss)) Dec. 31 (To dose drawings)
Enter the balances from the adjusted trial balance and post the closing entries and calculate the
balances of the acrounts. (Fost entries in the order of journal entries presented in the previous
part.)
Owner's Drawings No. 306 Income Summary No. 350 Service Revenue No. 400 Mointenance
and Repairs Expense
Maintenance and Repairs Expense No. 622 Depreciation Expense No, 711 Insurance Expense
No. 722 Salaries and Wages Expense No, 726
n...usa a nnaticlosing trial batunce.
![The completed financial statement columns of the spreadsheet for Carla Vista Company are
shown as follows:
Question 2 of 2
CARLA VISTA COMPANY Income Statement For ihe Year Finded Descenter 21, 2022
Rirweiuans Service Revinue I rirense: Depenclation Erament lumirarice Evpente Fryares and
Way wis tapense
Prepare an owner's equitystatement. (List items that incredse owner's equity first.
Prepare an owner's equity statement. (Ust items that increose owner's equity first)
Prepare a dassified balance shicet. [tist Cumrent Assets in order of liquidity]
Prepare the closing entries. L. Garla Vista did not make ary additionat imestments during the
yerag, |Crndit occount IISes ars enter 0 for the amounts)
(To close expense accounts) Dec. 31 (To dose net income / (loss)) Dec. 31 (To dose drawings)
Enter the balances from the adjusted trial balance and post the closing entries and calculate the
balances of the acrounts. (Fost entries in the order of journal entries presented in the previous
part.)
Owner's Drawings No. 306 Income Summary No. 350 Service Revenue No. 400 Mointenance
and Repairs Expense
Maintenance and Repairs Expense No. 622 Depreciation Expense No, 711 Insurance Expense
No. 722 Salaries and Wages Expense No, 726
n...usa a nnaticlosing trial batunce.](https://image.slidesharecdn.com/thecompletedfinancialstatementcolumnsofthespreadsheetforcarl-230330180634-d4777ec0/85/The-completed-financial-statement-columns-of-the-spreadsheet-for-Carl-pdf-1-320.jpg)
