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Prepare a properly classified balance sheet as of February 28, 2022. Prepare a multiple-step income statement as of February 28, 2022. SKYSONG CLEANING SERVICES INC.

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Prepare a properly classified balance sheet as of February 28, 2022.

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Prepare a multiple-step income statement as of February 28, 2022. SKYSONG CLEANING SERVICES INC. Income Statement For the Month Ending February 28, 2022 Service Revenue 13,353 Operating Expenses Bad Debt Expense | Salaries and Wages Expense | Utilities Expense Supplies Expense Insurance Expense Depreciation Expense T Total Operating Expenses T T 8768 4585 Other Expenses and Losses Interest Expense Loss on Disposal of Plant Assets Income Before Income Taxes V Income Tax Expense Net Income / (Loss) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT (92) Your answer is partially correct. Try again. Prepare a retained earnings statement as of February 28, 2022. (List items that increase retained earnings first.) SKYSONG CLEANING SERVICES INC. Retained Earnings Statement For the Year Ending February 28, 2022 V Retained Earnings, 2/1/17 Add Net Income (Loss) 7 Dividends 1,292.50 Retained Earnings, 2/28/17 2124.50 :-.: .. .... . .CL_... . . Prepare an adjusted trial balance SKYSONG CLEANING SERVICES INC. Trial Balance 2/28/22 Debit Credit Tcash Accounts Receivable Supplies Prepaid Insurance Prepaid Expenses Allowance for Doubtful Accounts Equipment Accumulated Depreciation Equipment Accounts Payable TNotes Payable Salaries and Wages Payable Interest Payable Income Taxes Payable Unearned Service Revenue TECHTRAPALHETTtti TITRUATRET Common Stock Paid-in Capital in Excess of Par Value-Comm Cash Dividends Treasury Stock Tservice Revenue Tutilities Expense Salaries and Wages Expense Insurance Expense Depreciation Expense TBad Debt Expense 527 T Supplies Expense Tinterest Expense Loss on Disposal of Plant Assets Income Tax Expense Total URCES SKYSONG CLEANING SERVICES INC. Balance Sheet February 28, 2022 Assets Current Assets i Cash Study Accounts Receivable Less Allowance for Doubtful Accounts II Supplies T Prepaid Insurance | Prepaid Expenses Total Current Assets TCurrent Assets T Equipment Accumulated Depreciation Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable T Salaries and Wages Payable yable | Interest Payable | Income Taxes Payable Unearned Service Revenue Total Current Liabilities Tlong-term Liabilities | Notes Payable Total Liabilities Stockholders' Equity Common Stock 8250 Paid-in Capital in Excess of Par Value-Common Stock 6050 Retained Earnings Treasury Stock Total Stockholders' Equity Total Long-term Liabilities Prepare a multiple-step income statement as of February 28, 2022. SKYSONG CLEANING SERVICES INC. Income Statement For the Month Ending February 28, 2022 Service Revenue 13,353 Operating Expenses Bad Debt Expense | Salaries and Wages Expense | Utilities Expense Supplies Expense Insurance Expense Depreciation Expense T Total Operating Expenses T T 8768 4585 Other Expenses and Losses Interest Expense Loss on Disposal of Plant Assets Income Before Income Taxes V Income Tax Expense Net Income / (Loss) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT (92) Your answer is partially correct. Try again. Prepare a retained earnings statement as of February 28, 2022. (List items that increase retained earnings first.) SKYSONG CLEANING SERVICES INC. Retained Earnings Statement For the Year Ending February 28, 2022 V Retained Earnings, 2/1/17 Add Net Income (Loss) 7 Dividends 1,292.50 Retained Earnings, 2/28/17 2124.50 :-.: .. .... . .CL_... . . Prepare an adjusted trial balance SKYSONG CLEANING SERVICES INC. Trial Balance 2/28/22 Debit Credit Tcash Accounts Receivable Supplies Prepaid Insurance Prepaid Expenses Allowance for Doubtful Accounts Equipment Accumulated Depreciation Equipment Accounts Payable TNotes Payable Salaries and Wages Payable Interest Payable Income Taxes Payable Unearned Service Revenue TECHTRAPALHETTtti TITRUATRET Common Stock Paid-in Capital in Excess of Par Value-Comm Cash Dividends Treasury Stock Tservice Revenue Tutilities Expense Salaries and Wages Expense Insurance Expense Depreciation Expense TBad Debt Expense 527 T Supplies Expense Tinterest Expense Loss on Disposal of Plant Assets Income Tax Expense Total URCES SKYSONG CLEANING SERVICES INC. Balance Sheet February 28, 2022 Assets Current Assets i Cash Study Accounts Receivable Less Allowance for Doubtful Accounts II Supplies T Prepaid Insurance | Prepaid Expenses Total Current Assets TCurrent Assets T Equipment Accumulated Depreciation Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable T Salaries and Wages Payable yable | Interest Payable | Income Taxes Payable Unearned Service Revenue Total Current Liabilities Tlong-term Liabilities | Notes Payable Total Liabilities Stockholders' Equity Common Stock 8250 Paid-in Capital in Excess of Par Value-Common Stock 6050 Retained Earnings Treasury Stock Total Stockholders' Equity Total Long-term Liabilities

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