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Pls give me the Income Statement, Balance Sheet, Statement of retained earning and closing entries. Regardless of any figures calculated for prior parts of the
Pls give me the Income Statement, Balance Sheet, Statement of retained earning and closing entries.
Regardless of any figures calculated for prior parts of the assignment, for the next three questions use the new adjusted trial balance provided below. 4 Using the adjusted trial balance provided below, prepare a multi-step income statement, statemer of retained earnings, and classified balance sheet using either method. Marks Available: 13 5 Prepare the closing entry for the period based on the below adjusted trial balance. 2 Marks Available: 6 Calculate the current and debt ratio and the working capital for the period. 3 Marks Available: Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Interest Receivable Equipment A/A - Equipment Investments Accounts Payable Salaries Payable Unearned Revenue Loan Payable - Equipment Share Capital Retained Earnings Advertising Sales Merchandise Sales Interest Income Cost of Goods Sold Amortization Insurance Expense Office Expense Rent Expense Salary Expense Utility Expense Camrose Chronical Ltd. Adjusted Trial Balance September 30, 2019 Unadjusted Adjustments DR CR DR CR 128,800 21,810 0 3,200 37,000 9,850 0 60,000 2,400 1.800 0 18,750 119,000 68,000 8,500 250,000 0 12.250 0 8,500 19,000 4,000 29,750 1,190 1,000 253,350 355,100 12,100 132,200 10,100 0 0 18,750 79,500 22,100 0 8,500 600 1,800 2,900 0 120,000 60,000 102,900 8,500 15,300 Adjusted DR CR 150,610 3,200 27,150 60,000 600 18,750 119,000 76,500 250,000 12,250 8,500 23,000 28,560 1,000 253,350 367,200 142,300 18,750 101,600 8,500 2,400 2,900 60,000 111,400 15,300 Total 858,400 858,4001 145,850 145,8501 931,410 931,410Step by Step Solution
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