Begin by solving the missing information for the account tit

Begin by solving the missing information for the account title and Income Statement columns, then solve for the missing information in the Balance Sheet columns.

Solution

Income Statement

Balance Sheet

Debit ($)

Credit ($)

Debit ($)

Credit ($)

Total

15,100

23,475

217,325

208,950

Net (b)

8,375

8,375

Total

23,475

23,475

217,325

217,325

Missing Figures are entered in BOLD

	Income Statement	Balance Sheet
	Debit ($)	Credit ($)	Debit ($)	Credit ($)
Total	15,100	23,475	217,325	208,950
Net (b)	8,375			8,375
Total	23,475	23,475	217,325	217,325