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QUESTION

From the following Trial Balanceprepare a Balance Sheet Statement.

From the following Trial Balance prepare a Balance Sheet Statement.

                                                                                                                                  Ace Transport Service

                                                                                                                                   Adjusted Trial Balance 12/31/2017

                                                                                                                Account Title                             Debit               Credit

Cash1800

 Accounts Receivable2000 

Supplies1000 

Equipment25000 

Accumulated Depreciation/Equipment 3500

Accounts Payable 1200

Salaries Payable 4000

Notes Payable 3000

Common Stock 8000

Dividends1500 

Service Revenue 23000

Rent Expense6000 

Supplies Expense1900 

Depreciation Expense1500 

Interest Expense2000 

Total 42700 42700

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