5. Problem 4-2A Medjusted trial balance columns of the worksheet for Ashwer Company are as folio Allwer Company For the Year Ended December 31, 2019 Worksheet Account No. Account Titles Adjusted Trial Balance 126 10,800 1,500 2,000 27,000 201 212 5,600 15,000 6.100 2,400 230 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense 10,000 3,000 332 400 610 7,000 61,000 8,400 000 722 726 905 3.500 20.000 600 1970003700 Totals Complete the worksheet by extending the balances to the financial statement columns Alshwer Company Worksheet Balance Sheet Income Statement Adjusted Trial Balance Dr. Dr. Account Account Titles NO. $5,300 101 Cash Accounts Receivable 10,800 112 1,500 126 Supplies umhorwestetr 6/23/20 Print Assignment: Chap 2 nint Assignment: Chap 4 - Completing the Accounting Cycle false 130 Prepard Insurance 2,000 157 Equipment 27,000 158 5,600 200 Notes Payable 201 15,000 6.100 212 Accounts Payable Sales and Wages Payable Interest Payable 2.400 600 Common Stock Retained Earnings Dividends 7,000 400 8,400 4,000 Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense 5,600 3,500 28,000 600 Tocais 103,700 103,700 Net Income Tocais regative amounts using either a negative are an income statement. (Enter negative am precong the number -5 or parentheses 5,600 3.500 Expense Insurance Expense Salaries and Wages Expense Interest Expense 23,000 905 Totals 103,700 103,700 Net Income Totals Prepare an income statement. (Enter negative amounts using amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. Als hwer Company Income Statement Prepare a retained earnings statement (List items that increase retained earnings first.) Alshwer Company Retained Earnings Statement Prepare a retained eamings statement. (List items that increase retained earnings Alshwer Company Retained Earnings Statement pleting the Accounting Cycle : false Print Assignment: Chap 4 - Completing the Accounting Cycle counting Cycle ::false Prepare a cassified balance sheet. (Note: 15.000 of the mos t become due in 2020.) ( 20.) (Ust Current Assets in order of quidity.) Aishwer Company Balance Sheet Assets Liabilities and Stockholders' Equity the dosing entries. (Credit account titles are automatically indented when amount is entered post the desing entries (Post entries in the order of journa ented in the previous part. tres p No-301 Credit Date Explanation Ref Retained Earnings Jan. 31 Balance Debit Dec 31 Closing entry Dec. 31 Closing ty Dividends Debit Date Explanation Ref Dec. 31 unce Dec 31 Closing entry 154 Income Summary % No.350 Balance Debit Date Exploration Ref Dec 31 Closing entry Dec. 31 Closing entry 124 Dec. 31 Closing entry 314 No.400 No.610 Balance Credit Balance No.711 Balance Service Revenue Date Explanation Red Debit Dec. 31 Balance Dec. 31 Closing entry Advertising Expense Date Explanation Ref Debit Dec. 31 Balance Dec. 31 Closing entry 314 Supplies Expense Date Explanation Ref Debit Dec. 31 Balance Dec. 31 Closing entry 314 Depreciation Expense Date Explanation Ref Debit Dec. 31 Balance V Dec. 31 Closing entry 314 Insurance Expense Date Explanation Ref Debit Dec. 31 Balance VD Dec 31 Closing entry J14 Salaries and Wages Expense Date Explanation Ref Debit Dec. 31 Balance v Dec. 31 Closing entry 314 Interest Expense Date Explanation Ref Debit Dec. 31 Balance Dec 31 Closing entry J14 N0.722 Balance Credit No.725 Balance Credit No.905 Balance Credit No.726 Balance Date Explanation Ref adies and Wages Expense Dec. 31 Balance Debit Dec. 31 Closing entry J14 Date Interest Expense Explanation Ref Dec. 31 Balance Dec. 31 Closing entry J14 Credit No.905 Balance Prepare a post-closing trial balance. Alshwer Company Post-Closing Trial Balance Debit Credit Print Assignment: signment: Chap 2 - The Recording Process Print Assignment: Chap 4 - Completing the Accounting mg the Accounting Cycle ::fals Totals