Given this single column trial balance (debits shown as positive, credits shown as negative) please provide the following for the financial statements at 12.31.2018
current assets:
current liabilities:
retained earnings:
net sales:
net income:
Jewelry Importers Trial Balance at 12/31/2018 Account Description 1010-00 Petty cash 1050-00 1st National Checking 1050-02 Cash in checking 1150-00 Cash in savings 1210-00 Trade receivable 1220-00 Allowance for bad debts 1230-00 Rec' - Other 1300-01 Inventory 1400-00 Prepayments 1400-50 Prepaid Federal Tax 2100-00 Equipment 2101-00 Accumulated Depreciation 2110-00 Software 2111-00 Accumulated Depreciation Software 2400-00 Rent Deposits 2450-00 Intangible Asset 2451-00 Accumulated Amortization 3010-00 Accounts Payable Trade 3010-01 Miscellaneous Payable 3016-00 Herdoo's Payable 3017-00 Note Payable - Christina Greentree 3040-00 Commissions Payable 3200-00 Accrued Payroll Payable 3211-00 Accrued Payroll Tax Payable 4011-00 Loans payable Elm 4014-00 Software Lease 4015-00 Loans payable Trenton 4025-00 Federal Income Tax Payable 4026-00 State Income Tax Payable 5000-00 Capital stock 5500-00 Retained earnings 6000-01 Sales 6099-01 Sales Adjustments & Returns 6999-00 Cost of goods sold-Designs 7000-00 COGS - Designs 7000-01 Cost of Goods Sold 7055-00 Purchase discounts 7060-00 Packaging Material 7070-00 Freight in 7080-00 Freight out 7305-00 Salaries Expense 7310-00 Officer's Salaries 7315-00 Payroll Taxes Expense Ending Balance 100.00 43,553.98 1,968.62 321,100.43 441,912.84 (3,645.001 B1,302.49 428,565.16 36,255.80 15,902.01 71,286.39 158,820.00) 53,480.69 (49,367.00) 22,500.00 875.00 (319.00) (308,300.58) 165.11) (45,000.00) 175,000.00) (83,122.52) (23,662.81) 12.194.24) (59.830.14) 12,986.83) (32,682.92) 0.00 12,493.00) 150,000.00) (473,879.13) (3,579,229.16) 116,897.25 0.00 84.00 1,950,226.90 (57.276.03) 0.00 15,685.42 20,384.19 327,671.09 248,787.76 45,601.01 7322-00 7340-00 7350-DO 7355-00 7410-00 7411-00 7412-00 7413-00 7440-00 7441-00 7450-00 7555-00 7556-00 7560-00 7565-00 7580-00 7680-00 7680-01 7680-02 7685-00 7686-DO 7690-00 7695-00 7695-01 7695-02 7696-00 7700-00 7710-00 7720-00 7722-00 7730-00 7740-00 7750-00 7800-00 8498-00 8499-00 8499-01 8500-00 8505-00 8600-00 8700-01 8700-10 8705-00 9950-DO 9960-00 Health Contract Labor Computer Consulting Computer hardware/software Advertising Supplies Showroom Fee Catalogue Travel Show Expenses Show fees Telephone etc. Utilities Depreciation expense Amortization Officer's Life Insurance Administration expense Computer Service Maintenance Rent Utilities Legal and accounting Liability Ins. Insurance-commercial package Insurance-workman's comp Licenses Expense Auto expenses Contributions Bad debts Collection Costs Dues and subscriptions FOOD & Entertainment Shipping / Postage PAYMENT W/CREDIT CARD Misc. Expenses Misc. Income/ Expenses Beverages Misc. Income Interest Income - Hartford Dividend Interest Expense - Cash Reserve Interest expense - Revolving Acct Credit Card Fees Federal Taxes State Taxes 62,033.13 10,925.00 14,965.44 12,893.20 25,052.95 19,992.99 3,825.00 29,486.96 47,481.20 60,050.36 108,927.54 13,988.20 2,965.80 26,757.00 58.00 8,332.52 16,912.88 0.00 901.05 16,201.60 15,339.00 15,360.20 9,575.10 8,037.06 4,959.97 0.00 27,078.89 3,434.00 7,505.49 (121.32) 80.00 11,816.54 10,196.35 0.00 212.42 0.00 (214.69) (262.83) 0.00 (12.97) 18.91 24,078.47 33,400.13 8,818.00 2,683.00 150.00)
