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Ints The adjusted trial balance for Chlara Company as of December 31 follows. eBook Atk Print Cash Accounts receivable. Interest receivable Notes receivable (due
Ints The adjusted trial balance for Chlara Company as of December 31 follows. eBook Atk Print Cash Accounts receivable. Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned revenue Long-term notes payable. Common stock Retained earnings Dividends Services revenue Interest revenue Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Kepairs expense-Automobiles Totals Required: Debit Credit $176,700 53,500 20,800 169,500 16,000 173,000 $ 85,000 136,000 25,000 86,000 98,000 45,000 18,000 30,000 152,000 21,580 248,220 46,000 560,000 22.000 25,580 20,000 190,000 45,000 33.200 34,800 58,000 30,800 $ 1,314,800 $ 1,314,800 Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31; (b) the statement of retained earnings for the year ended December 31 [Note. Retained Earnings at December 31 of the prior year was $248,220) and (c) the balance sheet as of December 31, tion by entering your answers in the tabs below.
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