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E4-2
Goode Company
Worksheet
For the month ended April 30th, 2008 Adjusted Trial Income Balance Statement Balance Sheet

Account Titles Dr. Cr. Dr. Cr. Dr. Cr.

Cash 13,752 13,752
Accounts Receivable 7,840 7,840
Prepaid Rent 2,280 2,280
Equipment 23,050 23,050
Accumulated Depreciation 4,921 4,921
Notes Payable 5,700 5,700
Accounts Payable 5,672 5,672
Common Stock 25,000 25,000
Retained Earnings 5,960 5,960
Dividends 3,650 3,650
Service Revenue 15,590 15,590
Salaries Expense 10,840 10,840
Rent Expense 760 760
Depreciation Expense 671 671
Interest Expense 57 57
Interest Payable 57 57

Totals 62,900 62,900 12,328 15,590 50,572 47,310 Net Loss 3,262 3,262 -------- 12,328 12,328 47,310 47,310

E4-3
Prepare an income statement, retained earnings statement, and a classified balance sheet.

Goode Company
Income Statement
For the month ended April 30th, 2008

Debit Credit

Revenues Service Revenues 15,590

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