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estion 4 (13 points) The Adjusted Trial Balance for Drew Corporation at year-end, December 31, 2022 is presented below. Drew Corporation Adjusted Trial Balance
estion 4 (13 points) The Adjusted Trial Balance for Drew Corporation at year-end, December 31, 2022 is presented below. Drew Corporation Adjusted Trial Balance December 31, 2022 Cash Equipment Prepaid Insurance Accounts receivable Dr. $11,900 Cr. 14,200 3,500 Accounts Payable Accumulated Depreciation - Equipment 56,000 $17,600 15,300 Share Capital-Ordinary Salaries and Wages Payable 3,000 13,000 Retained Earnings (beginning of year) 33,000 Service Revenue Salaries and Wages Expense Depreciation Expense Insurance Expense 74,000 47,000 3,300 2,200 2,000 Utilities Expense 1,800 Repair Expense Dividends Total 14,000 155,900 155,900 Instructions Prepare an income statement, a retained earnings statement, and a statement of financial position as December 31, 2022. DREW CORPORATION Income Statement For the Year Ended December 31, 2022 DREW CORPORATION Retained Earnings Statement For the Year Ended December 31, 2022 DREW CORPORATION Statement of Financial Position December 31, 2022
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