Excel File Edit View Insert Format AutoSave ON ES50 - Home Insert Draw - Page Layout Formulas A Calibri (Body) 11 VA A - BI U ODA X. v fx =SUM(124-137) Tools Data Window Help Practice Exam 6_Chapters 11 - 13_Financ Data Review View = = = ab Custom $ - %, Paste J38 C D .actice Exam 6: Chapters 11 - 13 Financial Statements 5 Hoofers Inc. opened for business on 1.1.16. Prepare the following: Multi-Step Income Statement Retained Earnings Statement Classified Balance Sheet 8 10 Check figures Income From Operations Net Income Total Current Assets Total Assets 545,000 552,000 572,000 903,000 20 Cash 21 Accounts Receivable 22 Supplies 23 Merchandise Inventory - EB 24 Building Practice Exam 6 FS Adjusted Trial Balance For the Year Ended 12.31.16 330,000 155,000 7,000 180,000 160,000 + = = = Paste 3 BI U D AVA Duy $ v % , X V fx =SUM(124-137) 20 Cash 21 Accounts Receivable 22 Supplies 23 Merchandise Inventory - EB 24 Building 25 Accumulated Depreciation - Buliding 26 Vehicles 27 Accumulated Depreciation - Vehicles 28 Land 29 Accounts Payable 30 Salaries Payable 31 Note Payable (Due on 1.1.20) 32 Bonds Payable (Due on 5.31.35) 33 Common Stock 34 Paid-in Capital in Excess of Par-CS 35 Retained Earnings 36 Treasury Stock 37 Dividends 38 Sales Revenue 39 Rent Revenue 40 Gain on Sale of Land Practice Exam 6 FS Adjusted Trial Balance For the Year Ended 12.31.16 330,000 55,000 7,000 180,000 160,000 38,000 15,000 6,000 200,000 36,000 10,000 70,000 140,000 155,000 50,000 30,000 80,000 900,000 4,000 6,000 Calbril (body) Custom v Av PasteB IU O 138 % f =SUM(124-137) 30,000 80,000 900,000 4,000 6,000 2,000 36 Treasury Stock 37 Dividends 38 Sales Revenue 39 Rent Revenue 40 Gain on Sale of Land 41 Interest Revenue 42 Cost of Goods Sold 43 Salary Expense 44 Supplies Expense 45 Utilities Expense 46 Advertising Expense 47 Depreciation Expense - Building 48 Depreciation Expense - Vehicles 49 Insurance Expense 50 Interest Expense 51 TOTAL 265,000 50,000 1,000 7,000 4,000 15,000 5,000 8,000 5,000 1,417,000 1,417,000