ACCOUNT TYPE current assets current assets current assets current assets current assets current assets long term assets long term assets long term assets long term assets long term assets current liabilities current liabilities current liabilities long erm liabilities long erm liabilities shareholder's equity shareholder's equity shareholder's equity ACCOUNT NAME cash and cash equivalents Accounts Receivable Allowance for Doubtful Accounts notes payable account payable bonds payable long term loans Common Shares DEBITS CREDITS 200000 10000 1500 Inventory 3000 prepaid expenses 10000 marketable securities 2000 Building 50000 Accumulated Depreciation: Building 500 truckes 25000 accumulated depriciation.truck 300 property 60000 divident 20000 25000 60000 2800 7000 48000 preferred stock 9500 Retained Earnings 8200 shareholder's equity Accumulated Other Comprehensive Income 7500 Revenue Revenue Revenue Operating Expenses Operating Expenses Operating Expenses Operating Expenses Operating Expenses Operating Expenses income tax 8900 service revenue 4500 Sales Returns & Allowances 9500 Cost of Goods Sold 12000 rent 7600 insurance 6100 office suppliers 6600 property tax mantaince 8000 4000 Other Non-Operating Expenses, Revenues, Gains o Interest Expense (on Long Term Debt) Other Non-Operating Expenses, Revenues, Gains o Gain (or Loss) on Sale of Property, Plant & Equipment (PPE) Other Non-Operating Expenses, Revenues, Gains or Losses Other Non-Operating Expenses, Revenues, Gains or Losses Income Tax Expense or Recovery - Continuing Opera Income Tax Expense (Recovery) - Continuous Operations Other Comprehensive Income (OCI) Other Comprehensive Income (OCI) Unrealized Gains (Losses) through OCI Income Tax Expense (Recovery) - OCI TOTAL USE THIS AREA FOR YOUR ROUGH WORK TO CALCULATE INCOME TAX on CONTINUING OPERATIONS: Total all Income Statement Credit balances: Total all Income Statement Debit balances: Net Income (or Loss) before Income Tax Tax Rate assumption: Income Tax - Continuous Operations Debit (Credit) Note: Income Tax on Income is a Expense (Debit) & Income Tax on a Loss is a Recovery (Credit) STATEMENT OF COMPREHENSIVE INCOME ENTER PERIOD END DATE HERE USING EXCEL FORMULA (for example" for the year ended Decem Revenue(s) Cost of Goods Sold GROSS PROFIT Operating Expenses INCOME FROM OPERATIONS Non-Operating (Other) Items: Income from Continuous Operations before Tax NET INCOME COMPREHENSIVE INCOME STATEMENT OF CHANGES IN SHAREHOLDER'S EQUITY ENTER PERIOD END DATE HERE USING EXCEL FORMULA (for example " for the year ended December 31, 2020) ACCOUNT: BEGINNING OF YEAR BALANCE END OF YEAR BALANCE COMMON SHARES ???? RETAINED EARNINGS ACCUMULATED OCI TOTAL