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I need help with Income Statement. Statement of retained Earnings. Balance Sheet and Closing Entries ABC Corporation Adjusted Trial Balance December 31, 2016 Debit Credit

I need help with Income Statement. Statement of retained Earnings. Balance Sheet and Closing Entries
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ABC Corporation Adjusted Trial Balance December 31, 2016 Debit Credit 875,444 442, 120 100,000 4,500 88,000 75,000 17,200 695,271 56,774 37,500 1,265 21,600 Cash Accounts Receivable Inventory Purchases Pre-Paid Insurance Land Allowance for Doubtful Accounts Allowance to Reduce Inventory to NRV Bonds Payable Premium on Bonds Payable - Building Accumilated Deprication-Building Equipment Accumilated Deprication-Equipment Patent e Account Payable Notes Payable Income Tax Payable 5 Uneamed Rent Revenue 5 Common Stock Retained Eaminos + 3 Dividends PIC in Excess of Par - Common Stock Sales Revenue 1 Advertising Expense 2 Wages Expense 3 Office Expense 9,900 45,000 88,851 40,000 99,000 9,000 135,000 28,000 130,000 790,000 9,240 67,150 28,500 Home Insert Page Layout Formulas Drau X fx 11,165 33,571 10,000 22,500 99,000 Sep rication Expense Utilities Expense Treasury Stock Insurance Expense Income Tax Expense Rent Revenue Wages Payable Interest Expense Interest Payable Loss on Inventory 1 Loss on Impairment 5 Cost of Goods Sold 6 Bad Debt Expense -7 PIC from Treasury Stock 4,500 5,000 30,571 35,300 17,200 5,000 147,000 75,000 Total 2,198,061 6,000 2,198,061 ABC Corporation Unadjusted Trial Balance December 31, 2016 Credit 1,150 9,000 Debit 6 Cash 759,444 7 Accounts receivable 442,120 8 Allowance for doubtful accounts 9 Inventory 10 Allowance to Reduce Inventory to NRV 11 Purchases 247,000 12 Prepaid insurance 6,750 13 Land 88,000 14 Building 37,500 15 Accumulated depreciation: building 16 Equipment 21,600 17 Accumulated depreciation equipment 18 Patent 50,000 19 Accounts payable 20 Notes payable 21 Income taxes payable 22 Uneamed rent revenue 23 Bonds Payable 24 Premium on Bonds Payable 25 Common stock 26 PIC In Excess of Par-Common Stock 27 Retained ning 28 Treasury stock 20,000 29 Dividends 28,000 30 Sales Revenue 31 Advertising expense 9,240 32 Wages expense 62,150 33 Office expense 28,500 34 Depreciation expense 10,150 usted Trial Balanc 88,851 40,000 99,000 13,500 700,000 56,774 125,000 40,000 790,000 Adini stment le to Save AC322 - Comprehensive Home Insert Page Layout Formulas Data Review Depreciation expense Utilities expense Insurance expense Income taxes expense 10,150 33,571 20,250 99,000 1,963,275 $ 1,963, 275 INSEN

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