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Design Layout References A- A A abe X x A Account Titles Cash Accounts receivable Supplies Equipment Vehicles Accumulated depreciation Mailings Review View Table
Design Layout References A- A A abe X x A Account Titles Cash Accounts receivable Supplies Equipment Vehicles Accumulated depreciation Mailings Review View Table Design Layout AnBbCcDdEe Body Text ABbCcDdEe AaBb No Spacing Nor Bears Automotive Adjusted Trial Balance December 31, 2020 Debit Credit $58,000 8,000 18,000 68,000 52,000 $ 14,000 Accounts payable 21,000 Accrued wages payable 7,000 Note payable, due in 5-years 9,000 10-year Bonds payable 20,000 Common Stock (7,000 shares, $1.00 par value) ** 7,000 Additional paid in capital 82,000 Retained earnings 13,000 Service revenue I 180,000 Wages expense Supplies expense Rent expense Insurance expense 96,000 15,000 9,000 3,000 Depreciation expense Interest expense Income tax expense Totals 14,000 2,000 10,000 $353.000 $353.000 6 Words Dividends of Sxx,xxx (student to determine) were declared and paid to shareholders' (investors) during the year and are reflected in determining this interim balance. Beginning balance of retained earnings is $23,000. The company issued 1,000 shares of common stock at $13.00 during the year. Average shares outstanding for the year is 6,500 shares. REQUIRED:(for the current year, all in good form) 1. Prepare a multi-step classified Income Statement, including earnings per share (EPS) hacun to demant maintor & dannminator in ROC tulation English (US) Points 28
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