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Please help me with requirement 6. Thank you. The Caldwell Company Adjusted Trial Balance December 31, 2018 Balance Credit Account Cash Accounts Payable Common Stock-$1
Please help me with requirement 6. Thank you.
The Caldwell Company Adjusted Trial Balance December 31, 2018 Balance Credit Account Cash Accounts Payable Common Stock-$1 Par Value Merchandise Inventory Employee Income Taxes Payable Paid-in Capital in Excess of Par-Common Land FICA-OASDI Taxes Payable Treasury Stock-Common Building FICA-Medicare Taxes Payable Paid-in Capital from Treasury Stock Transactions Store Fixtures Debit 661,537 80,000 20,000 52,000 3,265 460,000 60,000 1,699 3,000 180,000 397 2,000 12,000 780 Employee Health Insurance Payable Accumulated Depreciation Federal Unemployment Taxes Payable Cash Dividends State Unemployment Taxes Payable Sales Revenue Income Tax Payable Cost of Goods Sold Sales Tax Payable Salaries Expense Estimated Warranty Payable Payroll Tax Expense Interest Payable Utilities Expense Depreciation Expense Notes Payable Warranty Expense Mortgages Payable Income Tax Expense 1,275 19,200 108 555,000 34,000 333,000 9,000 41,100 22,000 4,404 2,335 720 1,275 12,000 33,300 238,393 34,000 Interest Expense 6,728 $1,442,264 $ 1,442,264 Total Requirement 6. Prepare a multi-step incame statement and statement of retained earnings for the quarter ended December 31, 2018 Prepare a classified balance sheet as of December 31, 201. Assume that $10 285 of the mortgage payable is due within the next year First, prepare a multi-step income statement (ise parentheses or a minus sign for cther expense amounts) The Caldwell Company Income Statement For Quarter Ended December 31, 2018 Net Income The Caldwell Company Adjusted Trial Balance December 31, 2018 Balance Credit Account Cash Accounts Payable Common Stock-$1 Par Value Merchandise Inventory Employee Income Taxes Payable Paid-in Capital in Excess of Par-Common Land FICA-OASDI Taxes Payable Treasury Stock-Common Building FICA-Medicare Taxes Payable Paid-in Capital from Treasury Stock Transactions Store Fixtures Debit 661,537 80,000 20,000 52,000 3,265 460,000 60,000 1,699 3,000 180,000 397 2,000 12,000 780 Employee Health Insurance Payable Accumulated Depreciation Federal Unemployment Taxes Payable Cash Dividends State Unemployment Taxes Payable Sales Revenue Income Tax Payable Cost of Goods Sold Sales Tax Payable Salaries Expense Estimated Warranty Payable Payroll Tax Expense Interest Payable Utilities Expense Depreciation Expense Notes Payable Warranty Expense Mortgages Payable Income Tax Expense 1,275 19,200 108 555,000 34,000 333,000 9,000 41,100 22,000 4,404 2,335 720 1,275 12,000 33,300 238,393 34,000 Interest Expense 6,728 $1,442,264 $ 1,442,264 Total Requirement 6. Prepare a multi-step incame statement and statement of retained earnings for the quarter ended December 31, 2018 Prepare a classified balance sheet as of December 31, 201. Assume that $10 285 of the mortgage payable is due within the next year First, prepare a multi-step income statement (ise parentheses or a minus sign for cther expense amounts) The Caldwell Company Income Statement For Quarter Ended December 31, 2018 Net IncomeStep by Step Solution
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