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a1, a2, a3, b, c Wildhorse Store is located in midtown Madison. During the past several years, net income has been declining because of suburban
a1, a2, a3, b, c Wildhorse Store is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's fiscal year on November 30,2022, the following accounts appeared in two of its trial Prepare a multiple step income statement. (List other revenues before other eppenses. If there is a net loss then enter the amount using elther a negothe sign preceding the number eg 45 or parentheseseg. (45) Prepare a retained earningss statement. (Cht items that increase retained carnings first.) Prepare a retained earnings statement. (Ust items that increase retained earnings first) eTextbook and Media List of Accounts Prepare a balance sheet. Notes pavable are due in 2022. (Ust Current Assets in onder of liquidity) Prepare a balance sheet. Notes payable are due in 2022. (List Current Assets in order of fiquldity) Journalize the adjusting entries that were made. (Credit occoint titles are autamatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Nov 30 (To adjust depreciation on equipment) Non 30 (To adjust insurance expense) Novi 30 (To adjust property tax expense) Nov, 30 Journalize the closing entries that are necessary. (Credit occount titles are autamatically indented when amount is entered. Do not indent manually) (Io dose accounts with debit balances) Now, 30 (To dose net income / (loss)) Nov. 30 (To close dividends)
a1, a2, a3, b, c
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