1. Prepare income statement for the year ended March 31, 2023 2. Prepare a statement of changes in equity for the year ended March 31, 2023 3. Prepare a classified balance sheet on March 31, 2023

Adventure Elements provides outdoor activities including ropes courses, rock climbing. and zip-lining. The company offers a unique experience for team building activities, camps for youth, and anyone seeking outdoor adventure. The following is trial balance for the year ended March 31, 2023. The following is additional information that has not been included in the trial balance. c. On April 2. you received the telephone bill for the month of March for $670. b. On March 31. Adventure Element took a university student club zip-lining. An invoice had been sent to the student club for $2,250 due April 30. c. On March 31, the company heid a teen's camp for $1.570. All tickets had been prepaid two weeks in advance c. The equipment has an estimated useful life of 20 years with no residual value at the end of its useful life. If you need to create a new account, use accouint number 606. Use straight line method for depreciating Equipment The owner mode an additional investment during the year of $16,000. A $5,400 payment on the long-term notes payabie will be made during the year ended March 31, 2024 Adventure Elements provides outdoor activities including ropes courses, rock climbing, and zip-lining. The company offers a unique experience for team building activities, camps for youth, and anyone seeking outdoor adventure. The following is trial balance for the year ended March 31, 2023. The following is additional information that has not been included in the trial balance. 0. On April 2, you recelved the telephone bill for the month of March for $670. b. On March 31, Adventure Element took a university student club zip-ining. An invoice had been sent to the student club for $2,250 due April 30 c. On March 31, the company held a teen's camp for \$1,570. All tickets had been prepaid two weeks in advance. d. The equipment has an estimated useful life of 20 years with no residual value at the end of its useful life. If you need to create a new account, use account number 606