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hiw do i do the income ststment, statement of stockholders equity and a balance sheet? 2. Below is an adjusted Trial Balance for Fleishman Restaurant

hiw do i do the income ststment, statement of stockholders equity and a balance sheet? image text in transcribed
2. Below is an adjusted Trial Balance for Fleishman Restaurant Supplies. Verify its accuracy and then follow these instructions: Prepare a proper Income Statement, Statement of Stockholders Equity and a Balance sheet. Calculate O Current Ratio Acid Test Ratio (Current assets - Inventory/Current Liabilities) Debt to Equity (total debt/Total equity) Debt To Assets (Total debt/total assets O O Fleishman Restaurant Supplies Adjusted Trial Balance 12/31/2018 Description Debit Credit $ S $ $ $ $ $ 375,757 401,450 12,817 115,353 5,127 1,282 24,352 Cash Accounts receivable Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Land Accounts Payable Unearned Revenue Common Stock Retained Earnings Sales COGS Office supply Expense Telephone Expense Miscellaneous Expense Office Rent Expense Insurance Expense Salary expense Advertising Expense Utilities expense Dividends $ 199,119 $ 5,246 $ 165,000 $ 504,835 $ 1,147,000 $ 516,150 $ 22,940 $ 32,116 $ 9,176 $ 91,760 $ 28,675 $ 321,160 $ 17,205 $ 11,470 $ 34,410 $ 2,021,200 $ 2,021,200 7

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