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please provide income statement, balance sheet, journal entries. Thank you Question 9 Not yet answered Marked out of 2.00 P Rag question Financial Statements and

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please provide income statement, balance sheet, journal entries. Thank you
Question 9 Not yet answered Marked out of 2.00 P Rag question Financial Statements and Closing Entries Outdoors, Inc.publishes magazines for skiers and hikers. The firm has the following adjusted trial balance at Decen OUTDOORS, INC. Adjusted Trial Balance December 31 Debit Credit Cash 57,560 Accounts Receivable 26.040 Supplies 5.880 Prepaid insurance 1,302 Office Equipment 92.400 Accum. Depr. - Equipment S13200 Accounts Payable 169.00 Unearned Subscription Revenue 14,000 Salaries Payable 4,900 Common Stock 35.000 Retained Earnings 32,50B Subscription Revenue 263,620 Advertising Revenue 69.580 Salaries Expense 168.322 Printing and Mailing Expense 119,840 Rent Expense 12.320 Supplies Expense 8,540 Insurance Expense 2,604 Depreciation Expense Income Tax Expense 2,240 Totals $454,748 $454,748 7.700 Required a. Prepare an income statement and a balance sheet as of December 31. b. Prepare closing entries directly to Retained Earnings in general journal form. Income Statement Balance Sheet Journal Entries NOTE: Do not use negative signs with answers, unless otherwise noted (such as accumulated depreciation). OUTDOORS, INC. Income Statement For Year Ended December 31 Revenue Subscription Revenue Advertising Revenue Total Revenue Expenses Salaries Expense Printing and Mailing Expense Rent Expense Supplies Expense Insurance Expense Depreciation Expense Income Tax Expense Total Expenses Net Income

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