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help please, the questions are in the pictures The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Debit $21,000 200,000 7,000
help please, the questions are in the pictures The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Debit $21,000 200,000 7,000 40,000 315,000 Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Accounts Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals Income Statement 410,000 30,000 50,000 5,000 $1,078,000 Stmt of Stockholders Balance Sheet Equity Credit Required: 1. Prepare an income statement for the year ended December 31, 2024. 2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued during 2024. 3. Prepare a classified balance sheet as of December 31, 2024. $22,000 21,000 5,000 50,000 350,000 80,000 550,000 $1,078,000 Complete this question by entering your answers in the tabs below. Prepare an income statement for the year ended December 31, 2024.
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