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Below is the adjusted trial balance for Wasabi Ltd for the year ended November 30, 2023: WASABI LTD Adjusted Trial Balance November 30, 2023 Credit

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Below is the adjusted trial balance for Wasabi Ltd for the year ended November 30, 2023: WASABI LTD Adjusted Trial Balance November 30, 2023 Credit Debit $ 22,000 30,600 25 000 950 1.200 37.000 26.500 Cach Accounts recevable Inventory Supplies Prepaid insurance Long-term investments Equipment Accumulated depreciation equipment Accounts payable Salaries payable Interest payable Income tax payable Deferred rever Bank loan payable Common shares Retindeamn Dividends declared Sales Sales discounts Sales and allowance Cost of goods sold Salaries expense Rent expense Depreciation eine Supplies expense Ist expense atest expense Advertising Expert Income tax expense Totals $ 16,080 14400 1.210 175 1,100 600 35,000 16,400 30,000 10,000 250.000 4.520 4600 159.500 33,810 13.850 3.560 700 600 4 175 2.100 3.100 3385.865 5385.RS Additional Information: 1. Allowance for doubtful is estimated at 1.96% (round up to whole $) of Receivables and has not been adjusted yet. 2 Upon reviewing the inventory $400 is damaged and can not be sold 3. of the bank loan payable, $5,000 is to be paid in the next year, the remainder is long-term. 4 Common shares of $5,000 were issued during the year Instructions For the year ended November 30, 2023, prepare in good format: a) multiple-step income statement, b) statement of changes in equity and c) classified statement of financial position

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