Prepare an adjusted trial balance as of December 31, 2022

Equipment Accounts Payable Accumulated Depreciation-Equipment Liabilities and Owner's Equity $ $ Prepare a multiple-step income statement for December 2022. (Enter negative amounts using either a negative sign preceding the Prepare a classified balance sheet at December 31, 2022. (List Current Assets in order of liquidity.) Your answer is incorrect. Compute ending inventory and cost of goods sold under FIFO, assuming Coronado Company uses the periodic inventory system. Ending Inventory $ Cost of Goods Sold $ eTextbook and Media List of Accounts Attempts: 1 of 5 used Your answer is incorrect. Compute ending inventory and cost of goods sold under LIFO, assuming Coronado Company uses the periodic inventory system. Ending Inventory Cost of Goods Sold $ Debit Credit $ $ Totals $ $ (To record sales revenue.) (To record cost of goods sold.) (To record accrued expense.) (To record depreciation expense.) On December 1,2022 , Coronado Company had the account balances shown below. (3,000$0.60) The following transactions occurred during December: Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.78 per unit. 5 Sold 4,500 units of inventory on account for $0.94 per unit. (Coronado sold 3,000 of the $0.60 units and 1,500 of the $0.78.) 7 Granted the December 5 customer $177 credit for 200 units of inventory returned costing $118. These units were returned to inventory. 17 Purchased 2,000 units of inventory for cash at \$0.84 each. 22 Sold 2,200 units of inventory on account for $0.99 per unit. (Coronado sold 2,200 of the $0.78 units.) ntries in the Sales Revenue Salaries and Wages Expense ournalize the December transactions and adjusting entries, assuming Coronado uses the perpetual inventory system. (Credit ccount titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in he problem.)