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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:
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) Account No. 110 Cash 111 Accounts Receivable 112 113 Merchandise Inventory Lumber Supplies $ 1,680 960 4,550 269
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