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Sorry the first picture is blurry, but the rest of the pictures are the same photo and info just separated so they can be read.

the other pictures are the same as the first just seperated so they can be read

PART TWO 2019 Financial Statements: Connie Clothes, Inc. Use the list of accounts below to finish this project. DO NOT information from Part One: use only the information provided below. Using the information from the Part Two the prepare muls-step income Statement. Setement of Returned tamines, classified Balance Sheet. Do not use any of the Part One Information for Pattw. NOTE: You should put the inancial statements in good order using correct headers.columns, bots, with the accounts incorrect order. Scant points will be deducted for mersin format and presentation. Do not forget to put the appropriate headings on financial statements. You are expected to look at examples and submit work that contains all the requisite headings, subheadings, total, generalformat correct order of accounts, etc. 4,400 31.250 25,500 4.030 Instructions using the worksheets that follow this one, prepare in good for read notesbo 2019 Year-End Financial Statements for Connie Clothes, Inc. 1 Multi-step Income Statement 21 Classified Balance Sheet 3. Statement of Retained Eamings Ser PART THREE worksheet for instructions on the Statement of Cashow Accounts payable Accounts receivable Accumulated depreciation building Accumulated depreciation request Allowance for bad debts Amortization experie Bank verrat Bonds payable Building Cash Cach surrender value of life insurance 3 Common stock 2 Cost of goods sold Depreciation expense-building Depreciation expense-store equipment Discount on bonds payable Dividends Gain on disposition of plant asset Goodwil 2 Income from Water Division discontinued 1 Income tax expense for income from continuing operations Insurance expense Intereste pense Interest payable 130.000 H.000 35780 15.000 135.400 245.50 13,500 6.000 10.000 25.000 21.455 20.000 1.500 19.300 1.200 1.100 14,050 DOOD 25.000 2 Los disposal of Water Division Noters payable, due une 15, 2020 Notes pable, due May 20, 2001 Office rent expense Paid in capital in excess of par.common stock Patient Prepaid Rent revenue Retained earnings, lary1.2019 Sales discounts 40.000 7600 12,630 49.00 12.340 395.000 440 Store equipment Supplies Supplies Expense Unearted revenue Users Wapes & salaries expense office Wapes & salaries expenseseling 15.000 30,000 44.800 1. This account represents the income tax expense for continuing operations 2. The company disposed of their Dresses division this year. The account balances about shown of the applicable income Income tax expense applicable to Dresses Division income: 55.750 Income to expense applicable to Dresses Division de S1.480 1. All stock is both mud and outstanding 4. Expenses related to the store and to selling areas selling Most of the expensarea B D PART TWO: 2019 Financial Statements: Connie Clothes, Inc. Use the list of accounts below to finish this project. DO NOT use any information from Part One; use only the information provided below. Using the information from the Part Two tab, prepare (1) multi-step Income Statement, (2) Statement of Retained Earnings, (3) classified Balance Sheet. Do not use any of the Part One information for Part two. NOTE: You should present the financial statements in good order using correct headers, columns, subtotals, with the accounts in correct order. Significant points will be deducted for errors in format and presentation. Do not forget to put the appropriate headings on all financial statements. You are expected to look at examples and submit work that contains all the requisite headings, subheadings, totals, general format, correct order of accounts, etc. Instructions: Using the worksheets that follow this one, prepare in good form: (read notes at bottom also) 2019 Year-End Financial Statements for Connie Clothes, Inc. 1.) Multi-step Income Statement 2.) Classified Balance Sheet 3.) Statement of Retained Earnings Accounts payable Accounts receivable Accumulated depreciation - building Accumulated depreciation - store equipment Allowance for bad debts Amortization expense Bad debt expense Bank overdraft Bonds payable Building Cash Cash surrender value of life insurance 3 Common stock, $2 par Cost of goods sold Depreciation expense - building Depreciation expense store equipment Discount on bonds payable Dividends Gain on disposition of plant asset 4,400 31,250 252,600 25,500 4,020 725 3,600 2,500 130,000 348,000 36,780 15,000 135,400 245,520 13,500 6,000 10,000 25,000 28,465 28,000 Goodwill Goodwill 2 Income from Water Division (discontinued) 1 Income tax expense (for income from continuing operations) Insurance expense Interest expense Interest payable Land Land held for future use 2 Loss on disposal of Water Division Merchandise inventory Notes payable, due June 15, 2020 Notes payable, due May 20, 2021 Office rent expense Paid in capital in excess of par, common stock Patent Prepaid insurance Rent revenue Retained earnings, January 1, 2019 Sales discounts Sales revenue 28,000 18,500 19,300 1,200 1,100 200 60,000 14,050 6,200 16,800 10,000 25,000 6,400 40,600 7,600 800 12,630 49,690 12,140 395,000 = 2 Loss on disposal of Water Division Merchandise inventory Notes payable, due June 15, 2020 Notes payable, due May 20, 2021 Office rent expense Paid in capital in excess of par, common stock Patent Prepaid insurance Rent revenue Retained earnings, January 1, 2019 Sales discounts Sales revenue Store equipment Supplies Supplies Expense Unearned revenue Utilities expense Wages & salaries expense - office Wages & salaries expense - selling 6,200 16,800 10,000 25,000 6,400 40,600 7,600 800 12,630 49,690 12,140 395,000 162,500 440 600 15,000 2,200 30.000 44,800 Unearned revenue Utilities expense Wages & salaries expense - office Wages & salaries expense - selling 15,000 2,200 30,000 44,800 Notes: 1. This account represents the income tax expense for continuing operations. 2. The company disposed of their Dresses division this year. The account balances above are shown net of the applicable income tax: Income tax expense applicable to Dresses Division income: $5,750 Income tax expense applicable to Dresses Division disposal: $1,480 3. All stock is both issued and outstanding. 4. Expenses related to the store and to selling are listed as selling expenses. (Most of the expenses are administrative.) PART TWO 2019 Financial Statements: Connie Clothes, Inc. Use the list of accounts below to finish this project. DO NOT information from Part One: use only the information provided below. Using the information from the Part Two the prepare muls-step income Statement. Setement of Returned tamines, classified Balance Sheet. Do not use any of the Part One Information for Pattw. NOTE: You should put the inancial statements in good order using correct headers.columns, bots, with the accounts incorrect order. Scant points will be deducted for mersin format and presentation. Do not forget to put the appropriate headings on financial statements. You are expected to look at examples and submit work that contains all the requisite headings, subheadings, total, generalformat correct order of accounts, etc. 4,400 31.250 25,500 4.030 Instructions using the worksheets that follow this one, prepare in good for read notesbo 2019 Year-End Financial Statements for Connie Clothes, Inc. 1 Multi-step Income Statement 21 Classified Balance Sheet 3. Statement of Retained Eamings Ser PART THREE worksheet for instructions on the Statement of Cashow Accounts payable Accounts receivable Accumulated depreciation building Accumulated depreciation request Allowance for bad debts Amortization experie Bank verrat Bonds payable Building Cash Cach surrender value of life insurance 3 Common stock 2 Cost of goods sold Depreciation expense-building Depreciation expense-store equipment Discount on bonds payable Dividends Gain on disposition of plant asset Goodwil 2 Income from Water Division discontinued 1 Income tax expense for income from continuing operations Insurance expense Intereste pense Interest payable 130.000 H.000 35780 15.000 135.400 245.50 13,500 6.000 10.000 25.000 21.455 20.000 1.500 19.300 1.200 1.100 14,050 DOOD 25.000 2 Los disposal of Water Division Noters payable, due une 15, 2020 Notes pable, due May 20, 2001 Office rent expense Paid in capital in excess of par.common stock Patient Prepaid Rent revenue Retained earnings, lary1.2019 Sales discounts 40.000 7600 12,630 49.00 12.340 395.000 440 Store equipment Supplies Supplies Expense Unearted revenue Users Wapes & salaries expense office Wapes & salaries expenseseling 15.000 30,000 44.800 1. This account represents the income tax expense for continuing operations 2. The company disposed of their Dresses division this year. The account balances about shown of the applicable income Income tax expense applicable to Dresses Division income: 55.750 Income to expense applicable to Dresses Division de S1.480 1. All stock is both mud and outstanding 4. Expenses related to the store and to selling areas selling Most of the expensarea B D PART TWO: 2019 Financial Statements: Connie Clothes, Inc. Use the list of accounts below to finish this project. DO NOT use any information from Part One; use only the information provided below. Using the information from the Part Two tab, prepare (1) multi-step Income Statement, (2) Statement of Retained Earnings, (3) classified Balance Sheet. Do not use any of the Part One information for Part two. NOTE: You should present the financial statements in good order using correct headers, columns, subtotals, with the accounts in correct order. Significant points will be deducted for errors in format and presentation. Do not forget to put the appropriate headings on all financial statements. You are expected to look at examples and submit work that contains all the requisite headings, subheadings, totals, general format, correct order of accounts, etc. Instructions: Using the worksheets that follow this one, prepare in good form: (read notes at bottom also) 2019 Year-End Financial Statements for Connie Clothes, Inc. 1.) Multi-step Income Statement 2.) Classified Balance Sheet 3.) Statement of Retained Earnings Accounts payable Accounts receivable Accumulated depreciation - building Accumulated depreciation - store equipment Allowance for bad debts Amortization expense Bad debt expense Bank overdraft Bonds payable Building Cash Cash surrender value of life insurance 3 Common stock, $2 par Cost of goods sold Depreciation expense - building Depreciation expense store equipment Discount on bonds payable Dividends Gain on disposition of plant asset 4,400 31,250 252,600 25,500 4,020 725 3,600 2,500 130,000 348,000 36,780 15,000 135,400 245,520 13,500 6,000 10,000 25,000 28,465 28,000 Goodwill Goodwill 2 Income from Water Division (discontinued) 1 Income tax expense (for income from continuing operations) Insurance expense Interest expense Interest payable Land Land held for future use 2 Loss on disposal of Water Division Merchandise inventory Notes payable, due June 15, 2020 Notes payable, due May 20, 2021 Office rent expense Paid in capital in excess of par, common stock Patent Prepaid insurance Rent revenue Retained earnings, January 1, 2019 Sales discounts Sales revenue 28,000 18,500 19,300 1,200 1,100 200 60,000 14,050 6,200 16,800 10,000 25,000 6,400 40,600 7,600 800 12,630 49,690 12,140 395,000 = 2 Loss on disposal of Water Division Merchandise inventory Notes payable, due June 15, 2020 Notes payable, due May 20, 2021 Office rent expense Paid in capital in excess of par, common stock Patent Prepaid insurance Rent revenue Retained earnings, January 1, 2019 Sales discounts Sales revenue Store equipment Supplies Supplies Expense Unearned revenue Utilities expense Wages & salaries expense - office Wages & salaries expense - selling 6,200 16,800 10,000 25,000 6,400 40,600 7,600 800 12,630 49,690 12,140 395,000 162,500 440 600 15,000 2,200 30.000 44,800 Unearned revenue Utilities expense Wages & salaries expense - office Wages & salaries expense - selling 15,000 2,200 30,000 44,800 Notes: 1. This account represents the income tax expense for continuing operations. 2. The company disposed of their Dresses division this year. The account balances above are shown net of the applicable income tax: Income tax expense applicable to Dresses Division income: $5,750 Income tax expense applicable to Dresses Division disposal: $1,480 3. All stock is both issued and outstanding. 4. Expenses related to the store and to selling are listed as selling expenses. (Most of the expenses are administrative.)