Ambitude Company worksheet for April 30, Year 1, detailing financial data including cash, accounts receivable, expenses, revenue, and net income.

The worksheet shows the Balance Sheet columns are empty. I need to fill in the Balance Sheet Debit and Credit columns based on the Adjusted Trial Balance amounts.

Let me identify which accounts go to the Balance Sheet:

Balance Sheet Debit (Assets + Drawings):
- Cash: 11,500
- Accounts Receivable: 8,260
- Prepaid Rent: 2,700
- Equipment: 24,010
- Owner's Drawings: 3,500

Balance Sheet Credit (Liabilities + Capital + Accumulated Depreciation):
- Accumulated Depreciation—Equipment: 4,638
- Notes Payable: 7,620
- Accounts Payable: 5,580
- Owner's Capital: 27,930
- Interest Payable: 63

Now let me also add Net Income to the Balance Sheet Credit column (since it increases owner's equity).

Net Income = 16,000 - 11,861 = 4,139

Balance Sheet Totals:

Debits:
- Cash: 11,500
- Accounts Receivable: 8,260
- Prepaid Rent: 2,700
- Equipment: 24,010
- Owner's Drawings: 3,500
Total Dr = 11,500 + 8,260 + 2,700 + 24,010 + 3,500 = 49,970

Credits:
- Accumulated Depreciation—Equipment: 4,638
- Notes Payable: 7,620
- Accounts Payable: 5,580
- Owner's Capital: 27,930
- Interest Payable: 63
- Net Income: 4,139
Total Cr = 4,638 + 7,620 + 5,580 + 27,930 + 63 + 4,139 = 49,970

Let me verify:
Dr: 11,500 + 8,260 = 19,760; + 2,700 = 22,460; + 24,010 = 46,470; + 3,500 = 49,970 ✓

Cr: 4,638 + 7,620 = 12,258; + 5,580 = 17,838; + 27,930 = 45,768; + 63 = 45,831; + 4,139 = 49,970 ✓

Both sides balance at 49,970.

Final Answer:
Balance Sheet Dr. Total: 49,970
Balance Sheet Cr. Total: 49,970

Individual Balance Sheet entries:
Dr: Cash 11,500; Accounts Receivable 8,260; Prepaid Rent 2,700; Equipment 24,010; Owner's Drawings 3,500
Cr: Accumulated Depreciation—Equipment 4,638; Notes Payable 7,620; Accounts Payable 5,580; Owner's Capital 27,930; Interest Payable 63; Net Income 4,139