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Accounts Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Cost of Goods Sold Dividends Equipment Insurance Expense Notes Payable (due in 2021) Prepaid Insurance

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Accounts Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Cost of Goods Sold Dividends Equipment Insurance Expense Notes Payable (due in 2021) Prepaid Insurance Retained Earnings (beginning) Salaries Expense Salaries Payable Sales Sales Discounts Supplies Supplies Expense Utilities Expense Balances 2,500 4,000 4,000 20,000 10,000 40,000 1,000 15,000 10,000 6,000 1,500 14,000 30,000 1,000 105,000 5,000 2,000 2,000 12,000 Additional Information: Common Stock Authorized shares - 100,000 Issued and outstanding shares at 12/31/19 - 10,000 Par value - $1 per share 2,000 shares issued in 2019 . Required: Prepare a multiple-step income statement, a statement of stockholders' equity, and a classified balance sheet for the year ended December 31, 2019 (in proper form). Complete this question by entering your answers in the tabs below. Income Stmt of Statement Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2019. JONES, INC. Income Statement For the Year Ended December 31, 2019 Complete this question by entering your answers in the tabs below. Stmt of Income Statement Stockholders Balance Sheet Equity Prepare a statement of shareholders' equity for the year ended December 31, 2019. (Amounts to be indicated by a minus sign.) JONES, INC. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Common Stock Retained Earnings Total Stockholders' Equity Income Statement Balance Sheet Stmt of Income Statement Stockholders Balance Sheet Equity Prepare a classified balance sheet for the year ended December 31, 2019. (Amounts to be deducted should be in minus sign.) JONES, INC. Balance Sheet December 31, 2019

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