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4) Apple Crisp Corporation (ACC) has the following adjusted accounts and balances at year-end. The company's year end is October 31, 2021. Accounts payable $24.2001

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4) Apple Crisp Corporation (ACC) has the following adjusted accounts and balances at year-end. The company's year end is October 31, 2021. Accounts payable $24.2001 Accounts receivable 18,000 Accrued expenses payable 3,500 Accumulated depreciation - buildings 38,400 Accumulated depreciation - equipment 11,000 Buildings 74,000 Cash 12,500 Contributed capital 12,000 Depreciation expense 12,500 Deferred revenue 2.000 Equipment 22.000 Income taxes expense 10,000 Income taxes payable 5,500 Interest expense 2.900 Inventory 14,000 Land 56,000 Long-term debt 23,000 Mortgage payable 41,000 Prepaid expenses 5,500 Salaries expense 12,000 Rent expense 8,500 Retained earnings 18.800 Sales revenue 68,500 Required (49 marks): a) Prepare an adjusted trial balance in good form for ACC at October 31, 2021. b) Prepare a multi-step statement of earnings in good form for the year ended October 31, 2021. You can ignore earnings per share. c) Prepare a statement of financial position in good form at October 31, 2021

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