he adjusted trial balance for Chiara Company as of December 31, 2017, follows. f2 Credit Debit $ 146, 100 51,500 23,000 168,500 15,500 166,000 50,000 ok 138,000 24,000 nt 83,000 ences Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable R. Chiara, Capital R. Chiara, Withdrawals Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals 94,000 50,000 16,000 32,000 144,000 285,800 56,000 554,000 32,000 25,500 19,500 185,000 46,000 32,400 33,200 63,000 29,600 $1,281,800 $1,281, 800 < Prev 2 3 of 5 HE Ne Problem 3-5A Part 1 Part 1 of 2 Required: 1(a) Prepare the income statement for the year ended December 31, 2017 1(b) Prepare the statement of owner's equity for the year ended December 31, 2017. 1(c) Prepare Chiara Company's balance sheet as of December 31, 2017 oints Complete this question by entering your answers in the tabs below. eBook Print Req 1A Reg 1B Reg 10 References Prepare the income statement for the year ended December 31, 2017 CHIARA COMPANY Income Statement For Year Ended December 31, 2017 S 0 Mc Graw Hill 2 Problem 3-5A Part 1 Part 1 of 2 Required: 1(a) Prepare the income statement for the year ended December 31, 2017 1(b) Prepare the statement of owner's equity for the year ended December 31, 2017 1(c) Prepare Chiara Company's balance sheet as of December 31, 2017, 3 points Complete this question by entering your answers in the tabs below. eBook Print Req 1A Reg 1B Reg 10 References Prepare the statement of owner's equity for the year ended December 31, 2017. CHIARA COMPANY Statement of Owner's Equity For Year Ended December 31, 2017 R. Chiara, Capital, December 31, 2016 0 R. Chiara, Capital, December 31, 2017 $ 0 < Req 1A Req 1C > Mc Graw 2 Drau RE NA 2 Problem 3-5A Part 1 Part 1 of 2 Required: 1() Prepare the income statement for the year ended December 31, 2017 1(b) Prepare the statement of owner's equity for the year ended December 31, 2017 1(c) Prepare Chiara Company's balance sheet as of December 31, 2017 3 Doints Complete this question by entering your answers in the tabs below. eBook Print Reg 14 Req 18 Regic References Prepare Chiara Company's balance sheet as of December 31, 2017 CHIARA COMPANY Balance Sheet December 31, 2017 Me Gram ill < Prev