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help please The adjusted mal balance for Chiara Company as of December 31 follows. $ $1,000 22,200 171.500 16,000 $ 90,000 136,000 25,000 79,000 Cash
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The adjusted mal balance for Chiara Company as of December 31 follows. $ $1,000 22,200 171.500 16,000 $ 90,000 136,000 25,000 79,000 Cash Accounts receivable Interest receivable Notes recetas de inways) office supplies Automobiles Accumulated depreciation automobiles Equipent Accumulated depreciation Equipment Land Accounts payable Tuterest payable Salaries payable Unearned revenue Long-ters notes payable Costock Retained earnings Dividends Services revenue Interest revenue Depreciation expense Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense-Automobiles Totals 91,000 35,000 25,000 36,000 154,000 27,580 248, 220 55,000 464,000 36,000 26,500 22,000 189,000 48,000 32,000 35,000 62, see 31,800 $ 1,231,800 $ 1,231,800 Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31; (b) the statement of retained earnings for the year ended December 31 [Note Retained Earnings at December 31 of the prior year was $248.220.); and (c) the balance sheet as of December 31 Required A Required B Required Prepare the income statement for the year ended December 31. CHIARA COMPANY Income Statement For Year Ended December 31 Required B > Complete this question by entering your answers in the tabs below. Required A Required e Required Prepare the statement of retained earnings for the year ended December 31. [Note: Retained Earnings at December 31 of the prior year was $248,220.] CHARA COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings. December 31 prior year end Retained earnings, December 31 current year and Required A Required Required C Prepare Chiara Company's balance sheet as of December 31. CHIARA COMPANY Balance Sheet December 31 Step by Step Solution
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