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ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounts. Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable

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ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounts. Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in four years) Common Stock Retained Earnings Service Revenues Salaries Expense Rent Expense Depreciation Expense Supplies Expense Advertising Expense Utilities Expense Interest Expense Totals Required: Debits $ 5,600 Credits 4,600 2,600 6,600 116,000 $ 21,600 3,600 4,600 1,000 26,000 56,000 15,600 113,200 42,600 18,600 7,600 8,600 13,600 12,600 2,600 $241,600 $241,600 1. Prepare an income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity, note that during the year the company issued additional common stock of $10,000. This amount is included in the amount for Common Stock in the adjusted trial balance. 3. Prepare the classified balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below.

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