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DURLENER ULEI Adjusted Trial Balance December 31, 2021 Accounts Debits Cash 15,800 Accounts Receivable 24,800 Supplies 31,800 Prepaid Insurance 6,800 Equipment 600,000 Accumulated Depreciation Accounts

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DURLENER ULEI Adjusted Trial Balance December 31, 2021 Accounts Debits Cash 15,800 Accounts Receivable 24,800 Supplies 31,800 Prepaid Insurance 6,800 Equipment 600,000 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Cocon Stock Retained Earnings Dividends 25,800 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 158,000 Supplies Expense 283,000 Depreciation Expense 48,000 Insurance Expense 24,00 Utilities Expense 41,800 Interest Expense 7,800 Service Fee Expense 71,000 Totals $1,339,400 000 30,800 27,800 4,800 130,000 190,000 50,000 440,000 274,000 $1,339,400 Required: 1. Prepare an income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021, note that during the year the company issue additional common stock for $28,000. This amount is included in the amount for Common Stock in the adjusted trial balance 3. Prepare the classified balance sheet for the year ended December 31, 2021. Prepare the statement of stockholders' equity for the year ended Dec inber 31, 2021, note that during the year the company issued additional common stock for $28,000. This amount is includeo n the amount for Common Stock in the adjusted trial balance. BOILERMAKER UNLIMITED Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Retained Earnings Total Stockholders Equity Balance at January 1 Issuance of Common Stock Add Net Income Less Dividends Balance at December 31 Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) BOILERMAKER UNLIMITED Balance Sheet December 31, 2021 Assets Liabil Current Assets Cash Accounts Receivable Supplies Prepaid Insurance Current Liabilities Accounts Payable Salaries Payable Utilities Payable Total Current Assets Long-term Assets Equipment Accumulated Depreciation 0 Total Current Liabilities Long-term Liabilities Notes Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets $ 0

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