on the balance in the ledger (T accounts) on pages 5 and 6, complete an adjusted trial ua Once the trial balance is complete, produce the financial statements. es Inc Adjusted Trial Balance December 31, 2018 Account Name Debit Credit 45 100 %, 500 Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Prepaid Rent Equipment-Computer Accumulated Depreciation- Computer Delivery Van Accumulated Depreciation -Delivery Van Accounts Payable Interest Payable Deferred Revenue Salaries Payable Federal Income Taxes Payable State Income Taxes Payable FICA Taxes Payable Unemployment Taxes Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Utilities Expense Salaries Expense Depreciation Expense Rent Expense Interest Expense 365 2j000 61000 59,500 21 150 100 640 4224 50,000 1,500 8,000 9200 3, 315 a00 Supplies Expense Bad Debt Expense Payroll Tax Expense Totals Page 8 of 12 Doodles Practice Set Doodles Inc Income Statement Year Ended 12-31-2018 Doodles Inc Statement of Stockholders' Equity For the Year Ended 12-31-2018 Total Stockholders Equity Retained mon Stock Earnings Page 9 of 12 Doodles Practice Set Classified Balance Sheet 12-31-20118 Doodles Practice Set the financial statements are complete, prepare the closing entries for Doodles Inc. (use the Once create a post-closing trial balance. Doodles Inc.Journal General Closing below and pos o teT accounts) on pages 5 and 6). Once you post to the ledger Account Name Credit Debit Date Doodles Practice Set odles Inc. Post Closing Trial Balance December 31.2018 Account Name Cash Debit Credit Accounts Receivable Allowance for Uncollectible Accounts Supplies Prepaid Rent Equipment-Computer Accumulated Depreciation- Computer Delivery Van Accumulated Depreciation - Delivery Van Accounts Payable Interest Payable Deferred Revenue Salaries Payable Federal Income Taxes Payable State Income Taxes Payable FICA Taxes Payable Unemployment Taxes Payable Notes Payable Common Stock Retained Earnings Total Doodles Inc. Ratios Calculate the following ratios: Current Assets Current Liabilities Current Ratio Cash+ ST investments+ Receivables Current Liabilities Net Income Net Sales Total Liabilities Total Equity Acid test (quick) ratio Profit margirn Debt-to-equity Page 12 of 12