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Adjusted Trial Balance Income statement Please help me with this exercise. I will be truly grateful. Please! Other data: 1. Insurance expires at the rate

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Adjusted Trial Balance

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Income statement

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Please help me with this exercise. I will be truly grateful. Please!

Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,050 of unused supplies on May 31 . 3. (a) Annual depreciation is $3,600 on the building. (b) Annual depreciation is $3,000 on equipment. Prepare an income statement for the month of May- Prepare a retained earnings statement for the month of May. Prepare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) MOTO HOTEL Balance Sheet Assets

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