P8-5A.

Check Figure

Net Income $3,841

Thank you so much

P8-5A. Using the ledger balances and additional data provided, do the following for Meyer Lumber of Hinton for the year ended December 31, 2022: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity, and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages. Additional Data (for Problem P8-5A) Additional Data (for Problem P8-5A) Comprehensive problem: preparing the worksheet; preparing financial reports; journalizing and posting adjusting and closing entries; preparing a post-closing trial balance; journalizing a reversing entry MEYER LUMBER WORKSHEET 21Name:Proble Section: Date: MEYER LUMBER INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2022 2 Name: Section: Date: MEYER LUMBER STATEMENT OF OWNER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 2022 Section: Date: MEYER LUMBER BALANCE SHEET DECEMBER 31, 2022 MEYER LUMBER GENERAL JOURNAL MEYER LUMBER GENERAL LEDGER I IIMRFR SIIDPI IFC AfrRIMT wI ti? ACCUMULATED DEPRECIATION, LUMBER EQUIPMENT ACCOUNT NO. 122 \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline Date & Explanation & PostRef & Debit & Credit & Dr/Cr & Balance \\ \hline & & & & & & \\ \hline 22 & & & & & & & \\ \hline \end{tabular} ACCOUNTS PAYABLE ACCOUNT NO. 220 Exerci Assig: ACCOUNIS PAYABLE ACCRUED WAGES PAYABLE Exerci ACCOINT NO AAT SALES RETHIRNS N AI I NLMANCEC MEYER LUMBER GENERAL LEDGER RENT EXPENSE ACCOUNT NO. 662 DEPRECIATION EXPENSE, LUMBER EQUIPMENT ACCOUNT NO. 663 \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline Date & Explanation & PostRef & Debit & Credit & Dr/Cr & Balance \\ \hline & & & & & & \\ \hline & & & & & & & \\ \hline \end{tabular} MEYER LUMBER GENERAL LEDGER MEYER LUMBER POST-CLOSING TRIAL BALANCE DECEMBER 31, 2022 P8-5A. Using the ledger balances and additional data provided, do the following for Meyer Lumber of Hinton for the year ended December 31, 2022: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity, and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages. Additional Data (for Problem P8-5A) Additional Data (for Problem P8-5A) Comprehensive problem: preparing the worksheet; preparing financial reports; journalizing and posting adjusting and closing entries; preparing a post-closing trial balance; journalizing a reversing entry MEYER LUMBER WORKSHEET 21Name:Proble Section: Date: MEYER LUMBER INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2022 2 Name: Section: Date: MEYER LUMBER STATEMENT OF OWNER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 2022 Section: Date: MEYER LUMBER BALANCE SHEET DECEMBER 31, 2022 MEYER LUMBER GENERAL JOURNAL MEYER LUMBER GENERAL LEDGER I IIMRFR SIIDPI IFC AfrRIMT wI ti? ACCUMULATED DEPRECIATION, LUMBER EQUIPMENT ACCOUNT NO. 122 \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline Date & Explanation & PostRef & Debit & Credit & Dr/Cr & Balance \\ \hline & & & & & & \\ \hline 22 & & & & & & & \\ \hline \end{tabular} ACCOUNTS PAYABLE ACCOUNT NO. 220 Exerci Assig: ACCOUNIS PAYABLE ACCRUED WAGES PAYABLE Exerci ACCOINT NO AAT SALES RETHIRNS N AI I NLMANCEC MEYER LUMBER GENERAL LEDGER RENT EXPENSE ACCOUNT NO. 662 DEPRECIATION EXPENSE, LUMBER EQUIPMENT ACCOUNT NO. 663 \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline Date & Explanation & PostRef & Debit & Credit & Dr/Cr & Balance \\ \hline & & & & & & \\ \hline & & & & & & & \\ \hline \end{tabular} MEYER LUMBER GENERAL LEDGER MEYER LUMBER POST-CLOSING TRIAL BALANCE DECEMBER 31, 2022