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Fill in the income statement ADJUSTMENTS INCOME STATEMENT BALANCE SHEET Debi Credit Debit Credit Credit $ Debit 90,000 25,000 45,000 20,890 UNADJUSTED TB December 31,

Fill in the income statement

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ADJUSTMENTS INCOME STATEMENT BALANCE SHEET Debi Credit Debit Credit Credit $ Debit 90,000 25,000 45,000 20,890 UNADJUSTED TB December 31, 2020 Debit Credit 90,000 25,000 45,000 $ 1,000 22,000 35.000 36,000 217,000 110,000 20,000 30,000 27,000 19,890 14.000 18,000 8,000 35,000 18,000 217,000 110,000 10.000 30,000 30,000 ADJUSTED TB December 31, 2020 Debit Credit 90.000 25.000 45.000 20,890 8.000 35 000 18.000 217.000 110,000 30,000 30.000 27,000 27,000 1,833 34,390 6,000 50,000 75.000 200,000 50,000 663,000 307.000 92.000 18.000 19.890 29.000 10.000 1,833 15,000 12 000 Cash Short-term investments Accounts receivable, net Allowance for doubtful accounts Supplies Inventory Prepaid rent Land Equipment Accumulated depreciation Trademark Accounts payable Wages payable Interest payable Income tax payable Unearned revenue Long-term notos payable due 02.01.23 Common stock Retained earnings Dividenda Sales revenue. net Cast of goods sold Wajes expense Rent expense Bad debt expense Supplies expense Depreciation expense Interest expense Interest revenu Incont tax expense TOTALS 1.833 34,390 6,000 12,000 50,000 75,000 200,000 27,000 27.000 1.833 34.390 6.000 50,000 75,000 200.000 50,000 50,000 657,000 6.000 663,000 307.000 80,000 12,000 18,000 19,890 14,000 10,000 1,833 15,000 307,000 92.000 18,000 19,890 29,000 10,000 1.833 1 5,000 5,000 34,390 116,113 34 390 1.140.113 $ 1,062,000 1,062.000 116.113 1,140,113 $ 34,390 512,113 155687 668,000 $ 528,000 S 472,113 15687 NET INCOME NET INCOME $ 668,000 $ 668,00D $ 528,000 S 628,000 Dec 31, 2020 SALES REVENUE Total service revenue OPERATING EXPENSES Selling expenses Total selling expenses General and administrative expenses Page 1 Total general and administrative expenses Total operating expenses Total income from operations OTHER REVENUES AND (EXPENSES) Total income before tax Net income Earnings per share (EPS) See Notes to the Financial Statements

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