Data Table Nicholl Corporation Adjusted Trial Balance October 31, 2018 an Account Debit Credit $ 16,000 Cash Accounts receivable 19,400 2,000 1,500 36.700 $ Supplies Prepaid rent Equipment Accumulated depreciation equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable 4,100 9.100 1.050 1.050 2200 18.800 Print Done 2 infort se delete home Data Table 1,050 2,200 San 18,800 11,000 2,500 11,000 Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends Service revenue Depreciation expense equipment Salary expense Rent expense Interest expense Insurance expense Supplies expense 114,700 1.100 49,800 10.700 3200 4.000 2.100 7.000 Income tax expenso 164,500 5 164,500 Total Print Done delete home POD uestion 28 of 51 (22 complete) The adjusted trial balance for the year of Nicholl Corporation at October 31, 2018, follows. (Click the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare Nicholl Corporation's 2018 single-step income statement statement of retained earnings, and balance sheet Begin by preparing Nicholls 2018 income statement. Nicholl Corporation Income Statement Year Ended October 31, 2018 Choose from any list or enter any number in the intend than This Question: 12 pts 28 of 51 (22 complete) The adjusted trial balance for the year of Nicholl Corporation at October 31, 2018, follows. (Click the icon to view the adjusted trial balance.) Read the requirements Income before tax Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement) Nicholl Corporation Statement of Retained Earnings Year Ended October 31, 2018 Add Subtotal Less nis Question: 12 pts 28 of 51 (22 complete) The adjusted trial balance for the year of Nicholl Corporation at October 31, 2018, follows. Click the icon to view the adjusted trial balance.) Read the requirements Prepare the balance sheet (lf a box is not used in the balance sheet leave the bax empty, do not select a label or enter a zero. Do not classify the balance sheet into Nicholl Corporation Balance Sheet October 31, 2018 Assets Liabilities Stockholders' Equity Less Choose from any list or enter any number in the input Belds and then continue to the next question The adjusted trial balance for the year of Nicholl Corporation at October 31, 2018, follows. Click the icon to view the adjusted trial balance Read the girements Stockholders' Equity Less Requirement 2. Nicholsonders require that the company maintain debt ratio no han 0.50 Callie Nicholl's debt ratio et October 31, 2016 determine whether the company bondance with debt restriction not suggest a way that Nicholl could have woes dificultation Begin by electing the labels and the enter the amounts to compute Nicholstiti dober 31, 2018 Round you can two derim Dotto Nichoirs that the company and to no High han 0.5 Nichols with this dotici Odber2018 Choose from any of enter any bet in the eles and rencontre next cuestion
