$2$ Please find the Adjusted Trial Balance of Fides Company as of December $31,2023($total $60$ pt

Prepare an Income Statement for Fides Company $1$as of December $31,2023(20$ pts$).$

Prepare a Balance Sheet for Fides Company as of December $31,2023(20$ pts$).$

Make thethclosing entries $(20pts).$

Adjusted Trial Balance $-$ Fides Company

$\backslash$table$[[$Adjusted Trial Balance$-$Fides Company,$],[$Account Name,Balance$],[$Cash$,35\mathrm{.}000],[$Account Receivable,$20\mathrm{.}000],[$Inventory$,30\mathrm{.}000],[$Prepaid Rent,$5\mathrm{.}000],[$Equipment$,55\mathrm{.}000],[$Bank Credit,$5\mathrm{.}000],[$Accounts Payable,$12\mathrm{.}000],[$Wages Payable,$8\mathrm{.}000],[$Notes Payable,$10\mathrm{.}000],[$Common Stock,$40\mathrm{.}000],[$Sales Revenue,$135\mathrm{.}000],[$Sales Returns,$2\mathrm{.}000],[$Cost of Goods Sold,$35\mathrm{.}000],[$Rent Expense,$3\mathrm{.}000],[$Wages Expense,$10\mathrm{.}000],[$Utilities Expense,$3\mathrm{.}000],[$Depreciation Expense,$7\mathrm{.}000],[$Interest Expense,$5\mathrm{.}000]]$