Accounting $1$AM$.$ Baker $-$ V$1$

Page $1$

Chapter $4-$ The Accounting Cycle

Online tutoring site assistance may not be used on this assignment. Students found posting this assignment or relying on online solutions will receive a grade of $0$ on the assignment.

Complete the Financial Statements:

Use the following adjusted trial balance for M$4$ Engineering, Inc for the period ended December $31,2022$ to complete the Income Statement, Statement of Stockholders' Equity and Balance Sheet. Include statement dates and $ dollar sign conventions on all statements.

Note: No stock was issued in $2022.$

$\backslash$table$[[$Account$,$Debit,Credit$],[$Cash$,50,000,],[$Accounts Receivable,$38,000,],[$Prepaid Advertising,$25,000,],[$Machinery$,120,000,],[$Accum$.$ Depreciation,,$20,000$