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Hello, I need help with the following accounting exercise. Question 1 The following is the Alpha Dog Company adjusted Trail Balance. Alpha Dog Company Adjusted

Hello, I need help with the following accounting exercise.

Question 1

The following is the Alpha Dog Company adjusted Trail Balance.

Alpha Dog Company

Adjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

Accounts Receivable

168,700

Supplies

30,255

Stock Investment

159,000

Equipment

295,285

Accumulated Depreciation

$235,760

Accounts Payable

73,555

Wages Payable

12,000

Capital Stock

220,000

Retained Earnings

111,145

Service Revenue

902,105

Interest Income

1,500

Rent Expense

63,500

Wages Expense

539,260

Supplies Expense

42,520

Depreciation Expense

164,095

Dividends

5,000

_________

Totals

$1,556,065

$1,556,065

Prepare only the Asset section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.

Alpha Dog Company

Balance Sheet (partial)

Question 2

The following is a partial Adjusted Trial Balance for Alpha Company for the month:

Alpha Company

Adjusted Trial Balance (partial)

January 31, 2016

Accounts

Debit

Credit

Inventory

$2,750

Sales

$12,500

Sales Discounts

200

Sales Returns & Allowances

1,200

Purchases

4,000

Purchases Discounts

150

Purchase Returns & Allowances

450

Freight In

50

Advertising Expense

150

Depreciation Expense

145

Freight Out

70

Income Tax Expense

500

Salaries Expense

500

Utilities Expense

100

Additionally, Inventory for December 31, 2015 was $2,700. Prepare a multiple-step income statement. Prepare a partial multiple-step income statement that includes the Sales, Cost of Goods Sold sections & gross profit.

Alpha Company

Income Statement (partial)

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