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Hillsburgh Hardware Company is a medium-sized corporation, with its headquarters located in Detroit, Michigan. The company is made up of three divisions. In the attached

Hillsburgh Hardware Company is a medium-sized corporation, with its headquarters located in Detroit, Michigan. The company is made up of three divisions.

In the attached excel file, adjusted trial balance for Hillsburgh Hardware as of December 31, 2019 are listed. Based upon the adjusted trial balance, generate the Statement of Operations, Statement of Retained Earnings, and Balance Sheet for the year ended December 31, 2019.Please note that the given retained earning account in the trial balance only represents the beginning balance of the year.

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Hillsburg Hardware Company Adjusted Trial Balance 12/31/19 Credit Debit 827,568 20.196,800 1.200.000 945,020 29,864,621 431,358 3.456,420 32,500,000 3.750 347 2.546,421 31.920,125 4.71999 4.179.630 1.349,800 119.663 149.560 1.900.000 24.120.000 71200 $29.989 5.000.000 3.500.000 11.929.075 144.327.789 Accounts Names Cash in bank Trade accounts Receivable Allowance for uncollectible accounts Other accounts receivable Inventories Prepaid expenses Land Buildings Computer and other equipment Furniture and fixtures Accumulated depreciation Trade accounts payable Note payable Accrued payroll Accured payroll tax Accrued interest Dividends payable Accrued Income tax Long-term notes payable Deferred Tax Other secured payable Capital stock Capital in excess of par value Retained earnings Sales Sales returns and allowances Cost of goods sold Salaries and commissions Sales payroll taxes Travel and entertainment-selling Advertising Sales and promotional expense Sales meetings and training Miscellaneous sales expense Executive and office Salaries Administrative payroll taxes Travel and entertainment-Administrative Computer maintenance and supplies Stationary and supplies Postage Telecommunications Rent Legal fees and retainers Auditing and related services Depreciation Bad debt expense Insurance Office repairs and maintenance Miscellaneous office expense Miscellaneous general expense Gain on sale of assets Income taxes Interest expense Dividends 1.241.663 103.240.76 7.738.900 1.422,100 1.110,347 2611.263 321,620 924,450 68104 5.523,960 62315 561.680 860260 762.568 244, 420 722,315 312,140 31 060 302.840 1.452 ORO 3321084 722,684 843.926 641 680 323,842 719.700 1.746,600 2.400.642 1.900.000 237 19,0331 237,539,033

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