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based off of the Trial balance picture, can you prepare an income statement, a statement of stockholders equity, a balance sheet, and a post closing

based off of the Trial balance picture, can you prepare an income statement, a statement of stockholders equity, a balance sheet, and a post closing trial balance? image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
D E F 1 O UN B . A Company Trial Balance 20xx Unadjusted trial balance Debit Credit 51,436.75 20,500.00 175,65 1,500.00 1,200.00 5,000.00 Adjusting entries Debit Credit 19,400.00 200.00 208.33 550.00 600.00 ,200.00 10,000.00 150,00 7,000.00 480.00 30,000.00 5 Account 6 Cash 7 Baking Supplies 8 Merchandise Inventory 9 Prepaid Rent 10 Prepaid Insurance 11 Baking Equipment 12 Accumulated Depreciation 13 Office Supplies 14 Accounts Receivable 15 Notes Payable 16 Interest Payable 17 Accounts Payable 18 Wages Payable 19 Common Stock 20 Dividends 21 Bakery Sales 22 Merchandise Sales 23 Baking Supplies Expense 24 Rent Expense 25 interest Expense 26 Insurance Expense 27 Depreciation Expense 28 Ms. Expense 29 Office Supplies Expense 30 Business License Expense 31 Advertising Expense 32 Wages Expense 33 Telephone Expense 34 COGS 35 36 Total: Adjusted trial balance Debit Credit 51,436.75 1,100.00 175.00 1,500.00 1,000.00 5,000.00 208.33 50.00 9,700.00 10,000.00 150.00 7,000.00 480,00 30,000.00 10,000.00 60,000.00 221.00 19,400.00 4.500.00 150.00 200.00 208.33 250.00 550.00 375.00 200.00 1,956.00 150.00 158.00 10,000.00 60.000,00 221.00 19,400.00 4,500.00 150.00 200.00 208.33 250.00 550.00 375.00 200.00 1,956.00 150,00 157.60 107,701.00 107,701.00 20,508.33 20.508.33 108,059.08 108,059.33 22 B A A Company Income Statement For Qtr. Ending 12/31/20XX 5 Revenues 5 7 3 Total Revenues 9 20 Gross Profit 1 12 Operating Expenses: 13 Insurance Expense 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Total Operating Expenses: 31 32 Net Income 33 34 35 36 37 38 39 40 41 42 43 entory Valuation Trial Balance Adjusting Entries B5 XV fx o E B C 1 A Company 2 Statement of Stockholder's Equity 3 For Qtr. Ending 12/31/20xx Common Stock Retained Earnings Total 5 Beginning Balances, September 30 0 0 6 Issued Common Stock 7 Net Income 8 Dividends 9 Ending Balances, December 31: 10 11 12 13 14 15 B C A Company Post-Closing Trial Balance Qtr. Ending 12/31/20xx Unadjusted Trial Balance Debit Credit Account Cash Baking Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation 3 Office Supplies 4 Accounts Receivable 5 Accounts Payable 6 Wages Payable 7 Interest Payable 8 Notes Payable 9 Common Stock _0 Retained Earnings 1 22 Total 23 24 A7 fx E D A Company Balance Sheet As of December 31, 20XX 2 3 4 5 Assets 6 Current Assets: 7 8 Labilities and Owners' Equity Current Liabilities: 9 Total Current abilities Long Term Liabilities: 10 11 12 13 14 Total Current Assets 15 Total Long Term Uabilities: Total Habilities: Shareholder's Equity: 17 18 10 20 21 Non-Current Assets: 22 23 24 Baking Equipment (Net) 25 26 Total Assets: 27 28 29 Total Equity Total Liabilities & Equity 5 Credit Debit 60,000.00 221.00 60,221.00 28,096.93 1 2 A Company 3 Closing Entries 4 Qtr ending 12/31/20xx 5 6 Date Accounts 7 31-Dec Bakery Sales 8 Merchandise Sales 9 Retained Earnings 10 11 31-Dec Retained Earnings 12 Baking Supplies Expense 13 Rent Expense 14 Wages Expense 15 Office Supplies Expense 16 Business License Expense 17 Office Expense 18 Depreciation Expense 19 Insurance Expense 20 Advertising Expense 21 Interest Expense 22 Telephone Expense 23 COGS 24 25 31-Dec Retained Earnings 26 Dividends 27 28 19,400.00 4,500.00 1,956.00 550.00 375.00 250.00 208.33 200.00 200.00 150.00 150.00 157.60 10,000.00 10,000.00

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