Given the following graphs, create an balance sheet for this data.
Grace's Diner, Inc. Trial Balance For the Period of April 1, 2019-March 31, 2020 Account Unadjusted Trial Balance Adjusting Entries Adjusted Trial Blance Income Statement Balance Shout Number Account Debit Credit Debil Credit Debil Credit Debil Credit Debil Credit 100 Cash 9,778.29 620.00 9,158.29 110 Accounts receivable 1,100.DO 1,100.DO 120 Food Inventory 4,875.00 1,675.00 3.200.00 125 Supplies 5.675.00 4,550.00 1 125.00 130 Prepaid ren! 3,000.00 1,500.00 1,500.00 135 Prepaid insurance 5,400.00 600.00 4,BDD.00 140 Delivery Van 35,000.00 35,000.00 150 Equipment and fixtures 26,000.00 26,000.00 155 Accumulated depreciation 5,500.00 2,000.00 7,500.00 180 Security deposit 3,000.00 3,000.00 210 Accounts payable 1,800.00 1 800.00 220 Notes payable 38,836.72 38 836.72 230 Gill certificates 250.00 250.00 Interest payable 2 400.00 F 240 2 400.00 300 Common stock 20,000.00 20,000.00 310 Retained earnings 4,030.40 1,030.40 400 Sales revenue 434,4DD.D0 434, 400.00 434,400.00 500 Cost of Goods Sold 277,550.00 1,675.00 279 225.00 279 225.00 600 Advertising expense 2.B40.00 2 B40.00 2 840.00 810 Salaries expense 90 800.00 20 800.00 90 800.00 820 Supplies expense 4,550.00 4,550.00 4,550.00 630 Rent expanse 16,500.00 1,500.00 18,000.00 18,000.00 840 Depreciation expense 2.000.00 2.DDD.DO 850 Interest expense 2.668.83 2 400.00 5,068.83 5.068.83 680 Insurance expense 5,200.00 BOD.D0 5,800.00 5,800.00 685 Licenses and fees 1,000.00 1.DDD.00 1,DD0.00 670 Telephone expense 2,142.00 235.00 2,377.00 2,377.00 675 Printing expense 1,675.00 1,675.00 1,675.00 880 Repairs expense 1,350.00 1,350.00 1,350.00 885 Utilities Expense 3,588.00 385.00 3.973.00 3,973.00 890 Uniform expense 825.00 B25.00 B25.00 895 Cleaning & mainenance expense 3,850.00 3,850.00 3,850.00 700 Dividends 1,000.00 1,DD0.00 750 Income Summary Net Income 11,066.17 Totals 504,817.12 504 817.12 13,345.00 13,345.00 509 217.12 509 217.12 423,333.83 423,333.83Grace's Diner, Inc. Income Statement Sales Revenue $434,400.00 Gross Profit 434,400.00 Operating expenses: Cost of Goods sold 279225.00 Advertising expense 2.840.00 Salaries expense 90800.00 Supplies expense 4,550.00 Rent Expense 18000.00 Depreciation expense 2,000.00 Licenses and fees 1,000.00 Telephone expense 2,377.00 Printing expense 1,675.00 Repair expense 1,350.00 Utilities expense 3,973.00 Uniform expense 825.00 Cleaning & maintenance expense 3,850.00 Total operating expenses: 412,465.00 Operating income: 21,935.00 Other income (expense): Interest expense (5,060.03) Insurance expense (5,800.00) (10,865.03) Net income $ 11,066.17Grace's Diner, Inc. Statement of Shareholders' Equity Total Common Retained Shareholders' Stock Earnings Equity Balance at March 1, 2020 S Issue of common stock 20,000.00 0 20,000.00 Net income for March 2020 11,066.17 11,066.17 Less: Dividends 0 1000 1000 Balance at March 31, 2020 $20,000.00 $ 10,066.17 $ 30,066.17
