..11 PEIX 4G VPN 12:47 AM 28% 0 Back Assignment Topic.doc ... ACOSTA CO. Adjusted Trial Balance December 31 $ 100,000 7,000 15.000 9,000 3,300 8,000 3,200 350,000 42,000 700,000 Cash Accounts receivable. Prepaid rent. Prepaid Insurance. Office supplies. Office equipment Accumulated depreciation Equipment. Building Accumulated depreciation Building. Land. Accounts payable Salaries payable.. Interest payable. Long-term note payable. Margarita Acosta, Capital Margarita Acosta, Withdrawals. Service fees earned Salaries expense. Insurance expense.. Rent expense. Depreciation expense-Equipment Depreciation expense Building.. Totals... 5.800 14,500 2.500 52,000 1,010,000 200,500 370.800 90,000 5,200 5,000 800 7,000 $1,500,800 $1.500.800 Required: (a) Prepare a multiple-step income statement, owner's equity statement and classified year-end balance sheet. (b) Calculate ratios from the aspect of liquidity, financing and profitability. Write an exccutive report using DuPont Framework and summarise the company's financial operations during the financial year. ********** Download (53.5KB) Online Editing Send