I have included 3 attachments. Please read very carefully before answering the questions. The schedule has been done already along with the journal and general ledger. Please fill in the worksheet, income statement, owner's equity and balance sheet that I have provided on one of the attachments.

Land Account Debit acquisition by cash Acquisition by cash Land improvement Credit 714404 140000 285000 1139404 Cash Account Debit Opening bal Loan payable Closing bal Credit 2723620 3000000 395380 Land Land Land improvement Building 6119000 200000 140000 285000 5494000 6119000 Building Account Debit Construction Capitalization of interest Appreciation Credit 5400000 94000 100000 5594000 Balance c/f 5594000 5594000 Accounts Payable Debit Bal C/F Credit 704410 704410 Bal B/F Equipment and Furniture 104410 600000 704410 JOURNAL ENTRIES Particulars Debit Credit Land account Cash Being cash paid on land acquisition and improvement 1139404 Building Account Depreciation Construction expenditure-cash Capitalization of interest-cash 5594000 1139404 100000 5400000 94000 Please read carefully before you submit everything to me. I have attached everything that you need. Please use the excels spreadhsheets that I submitted. I need for this to be correct. This is the 4th time that I have submitted to Coursehero and it has not been correct. Thank you The attachments include the schedule, general ledger, post trial for you. Pleae complete everything else. Prepare the adjusted Trial Balance, Income Statement, Statement of Owners Equity and Balance sheet. Also prepare an adjusted trial balance, which should equal whereas debits equal credits. You will then need to prepare the Income statement, where net income will be carried through to the statement of owners' equity as one of the adjustments to the final balance in the equity account. You will then need to prepare the Balance Sheet, where you will show the updated Owners Equity balance. Produce the Trial Balance, Income Statement, Statement of Owners Equity and Balance Sheet for San Antonio for 2013. Early in its fiscal year ending December 31, 2013, San Antonio Outfitters finalized plans to expand operations. The first stage was completed on April 25 th with the purchase of a tract of land on the outskirts of the city. The land and existing building were purchased for $800,000. San Antonio paid $200,000 and signed a noninterest-bearing note requiring the company to pay the remaining $600,000 on March 28, 2015. An interest rate of 8% properly reflects the time value of money for this type of loan agreement. Title search, insurance, and other closing costs totaling $20,000 were paid at closing. Below is the trial balance for San Antonio Outfitters as of March 31. SAN ANTONIO OUTFITTERS Trial Balance March 31, 20XX o Debit Credit Cash .......................................................................................... $3,394,380 Accounts receivable ............................................................... 2,129,500 Prepaid insurance ................................................................... 42,300 Office equipment .................................................................... 119,300 Accumulated Depreciation, Office Equipment .................. $11,750 Inventory ................................................................................. 2,104,000 Building ................................................................................... 100,000 Land.......................................................................................... 720,000 Accounts payable ................................................................... $ 104,410 Notes payable.......................................................................... 600,000 San Antonio, Capital .............................................................. 2,541,700 San Antonio, Withdrawals .................................................... 10,450 Revenue ................................................................................... 6,144,100 Wages expense ........................................................................ 654,500 Depreciation Expense, Office Equipment ........................... 4,250 Equipment rental expense ..................................................... 71,410 Office Supplies Expense ........................................................ 7,500 Advertising expense............................................................... 32,400 Repairs expense ...................................................................... 11,970 Totals ........................................................................................ $9,401,860 $9,401,860 During April, the old building was demolished at a cost of $70,000, and an additional $50,000 was paid to clear and grade the land. Construction of a new building began on May 1 and was completed on October 29. Construction expenditures were as follows: May 30 July 30 Sept 1 Oct 1 $1,200,000 1,500,000 900,000 1,800,000 San Antonio borrowed $3,000,000 at 8% on May 25 to help finance construction. This loan, plus interest, will be paid in 2014. In November, the company purchased 10 identical pieces of equipment and office furniture and fixtures for a lump-sum price of $600,000 on account. The fair values of the equipment and the furniture and fixtures were $455,000 and $145,000, respectively. In December, San Antonio paid a contractor $285,000 for the construction of parking lots and for landscaping. *****PLEASE USE THIS ADJUSTED TRIAL BALANCE SHEET TO PREPARE THE FINANCIAL STATEMENT IN ORDER FOR EVERYTHING TO BALANCE PER THE INSTRUCTOR****** SAN ANTONIO OUTFITTERS Adjusted Trial Balance December 31,20XX Cash Accounts Receivable Prepaid Insurance 509,380 2,129,500 42,300 Equipment Office Equipment Accumulated Depreciation, Office Equipment Inventor Building Land Accounts Payable Interest Payable Notes Payable San Antonio, Capital San Antonia, Withdrawals Revenue Wages Expense Depreciation Expense, Office Equipment Interest Expense Equipment Rental Expense Office Supplies Expense Advertising Expense Repairs Expense Totals 455,000 264,300 11,750 2,104,000 5,785,000 1,520,000 704,410 172,000 4,200,000 2,541,700 10,450 6,144,100 654,500 4,250 172,000 71,410 7,500 32,400 11,970 13,773,96 0 13,773,96 0 Worksheet San Antonio Outfitters Work Sheet For Month Ended December 31, 2013 Unadjusted Account Titles Income Statement Trial Balance Dr. Cr. Ba S Adjusted Adjustments Dr. Cr. Trial Balance Dr. Cr. Income Statement Dr. Cr. O D San Antonio Outfitters Income Statement For Year Ended December 31, XXXX San Antonio Outfitters Statement of Changes in Owner's Equity For Year Ended December 31, XXXX San Antonio Outfitters Balance Sheet December 31, XXXX