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(b) The adjusted trial balance of Easy-Z Taxation Inc. appears below; use the information to prepare for the year ending December 31, 2017 the following

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(b) The adjusted trial balance of Easy-Z Taxation Inc. appears below; use the information to prepare for the year ending December 31, 2017 the following statements and computation: 1) Income Statement (3 points) 2) Statement of Owner's Equity (3 points) 3) Classified Balance Sheet (9 points) 4) Closing entries (2 points) Easy-Z Taxation Inc. Adjusted Trial Balance For the year ended December 31, 2017 Debit Credit Cash Accounts Receivable Supplies Building 42,500 34,200 1,300 120,000 20,000 Accumulated Depreciation-Building 12,000 4,000 Accumulated Depreciation-Equipment Trademark 15,500 Accounts Payable 56,100 12,600 64,200 58,600 Unearned Service Revenue Mortgage Payable Easy-Z Taxation's Capital Easy-Z Taxation's Drawings Service Revenue Supplies Expenses Depreciation Expense- Building 2,500 78,500 2,700 24,000 8,000 2,800 12.500 286,000 Depreciation Expense-Equipment Telephone & Internet Expenses Utilities Expenses Total $ 286,000 ACCOUNTING 101 SPRING 2018

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