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Exercise 4-23 The adjusted trial balance for Pharoah Company is given below: LY PHAROAH COMPANY Trial Balance August 31, 2022 Before Adjustment Dr. Cr. Cash

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Exercise 4-23 The adjusted trial balance for Pharoah Company is given below: LY PHAROAH COMPANY Trial Balance August 31, 2022 Before Adjustment Dr. Cr. Cash $11,540 Accounts Receivable 8,570 Supplies 2,500 Prepaid Insurance 4,270 Equipment 16,840 Accumulated Depreciation-Equipment $3,789 Accounts Payable 5,460 Salaries and Wages Payable 0 Unearned Rent Revenue 1,870 Common Stock 14,260 Retained Earnings 5,570 Dividends 2.500 Service Revenue 34,120 Rent Revenue 13.360 Salaries and Wages Expense 16,230 0 Supplies Expense After Adjustment Dr. Cr. $11,540 9,220 1.190 2,820 16,840 $4,989 5,460 1,440 1,020 14,260 5.570 2.500 34,770 14,210 17.670 1,310 15.00 5,570 5,570 2,500 2,500 34,770 34,120 13,360 14,210 Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 17,670 1,310 16,230 0 15,979 0 15,979 1,450 0 1,200 $81,719 $78,429 $78,429 $81,719 Study Prepare the income statement for the year ended August 31. PHAROAH COMPANY Income Statement PHAROAH COMPANY Income Statement SHOW LIST OF ACCOUNTS Prepare the retained earnings statements for the year ended August 31. (List items that in se retained earnings first.) PHAROAH COMPANY Retained Earnings Statement Prepare the classified balance sheet at August 31. (List Current Assets in order of liquidity.) PHAROAH COMPANY Balance Sheet Assets a zudy. V Liabilities and Stockholders' Equity 5 Click if you would like to Show Work for this question: Open Show Work

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