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Adjusted Trial Balance

Accounting
Tutor: None Selected Time limit: 1 Day

The adjusted trial balance . Hampton company's worksheet for the year ended December 31, 2014.The firm had net income of $38,000 for the year.Prepare a statement of owner's equity for the year. No additional investments were made during the period.

Apr 2nd, 2015

Adjusted Trial Balance

Owner's Equity  =  Total of Trial balance  -  Net income

                           =   x  -  $38,000  (Assume  x  is your Trial balance Total)

Apr 2nd, 2015

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