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A A- U obe X, x- A Bears Automotive Adjusted Trial Balance December 31, 2020 Account Titles Cash Debit Credit $ 58,000 Accounts receivable
A A- U obe X, x- A Bears Automotive Adjusted Trial Balance December 31, 2020 Account Titles Cash Debit Credit $ 58,000 Accounts receivable 8,000 Supplies Equipment Vehicles Accumulated depreciation Accounts payable 18,000 68,000 52,000 $14,000 21,000 Accrued wages payable 7,000 Note payable, due in 5-years 9,000 10-year Bonds payable 20,000 Common Stock (7,000 shares, $1.00 par value) * 7,000 Additional paid in capital 82,000 Retained earnings" 13,000 Service revenue 180,000 Wages expense Supplies expense Rent expense Insurance expense 96,000 15,000 9,000 3,000 Depreciation expense Interest expense Income tax expense Totals 14,000 2,000 10,000 $353.000 $353.000 A Styles Styles Pane Dividends of Sxx,xxx (student to determine) were declared and paid to shareholders' (investors) during the year and are reflected in determining this interim balance. Beginning balance of retained earnings is $23,000. The company issued 1,000 shares of common stock at $13.00 during the year. Average shares outstanding for the year is 6,500 shares. REQUIRED:(for the current year, all in good form) 1. Prepare a multi-step classified Income Statement, including earnings per share (EPS) 266 Words MAR be sure to document numerator & denominator in your EPS calculation English (US) Points 28 532
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