111- Here is a problem about basic accountingAnyway your helpful answers will be greatly appreciated

The problem

The accounting forms for each question you shluld imitate if possible

Work Sheet

Adjusting Entries

Statement of comprehensive income

Statement of financial position

The accounts and their balances in the ledger of Bait and Tackle Shop on December Problem 5-6A are as follows: Preparation of work sbeet financial statements, and 38,000 adjusting and closing entries Cash Accounts Receivable 2,500 objective 4, 5 Inventory, January I 80,000 9,700 Prepaid Insurance Net profit $174,3so 4,250 Store Supplies 2,100 Office Supplies 32.000 Store Equipmen 40,300 Accumulated Depreciation-Store Equipment 50,000 Office Equipment Accumulated Depreciation-Office Equipment 7,200 66,700 Accounts Payable Salaries Payable I 200 Unearned Rent 05.000 Bank Loan 54,600 Mah, Capital 40,000 Mah, Drawing 915.000 Sales Sales Returns and Allowances 7,100 Sales Discounts 540,000 Purchases 0,100 Purchases Returns and Allowances 4,900 Purchases Discounts 6,200 Transportation In 400 Sales Salaries Expense Advertising Expense Depreciation Expense-Store Equipment Store Supplies Expense Miscellaneous Selling Expense 44,000 Office Salaries Expense 26,000 Rent Expense Insurance Expense Depreciation Expense-Office Equipment Office Supplies Expense 1650 Miscellaneous Administrative Expense Rent Revenue Interest Expense The data needed for year-end adjustments on December 31 are as follows: $196,000 nventory on December 3 5,400 Insurance expired during the year. Supplies on hand on December 3I: ,300 Store supplies 750 Office supplies Depreciation for the year: 7,500 Store equipment Office equipment Salaries payable on December 3l: $3,850 Sales salaries 5.000 50 Office salaries Unearned rent account balance on December 3