Prepare Financial Statements Using the Adjusted Trial Balance

Use the updated general ledger balances or the information in the Adjusted Balance coulumns of the spreadsheet to prepare the following financial statements for Marjorie Knaus, Inc.

Fill out lines with Account Names and fill in boxes with dollar amounts. If necessary, add lines and boxes as needed.

Use the updated general ledger balances or the information in the Adjusted Balance-coulumns of the spreadsheet to a. prepare the following financial statements for Marjorie Knaus, Inc. Fill out lines with Account Names and fill in boxes with dollar amounts. If necessary, add lines and boxes as needed. 1) Income Statement Marjorie Knaus, Inc. Income Statement For The Month Ended 1/31/2020 2) Statement of Retained Earnings Marjorie Knaus, Inc. Statement of Retained Earnings For The Month Ended 1/31/2020 3) Balance sheet Marjorie Knaus, Inc. Balance Sheet As of 1/31/2020 ASSETS LIABILITIES STOCKHOLDER'S EQUITY Closing Journal Entries: - Complete the closing process (Hint: Temporary Accounts) DR CR 1 2 3 - Marjorie Knaus, Inc. Post-Closing Trial Balance January 31, 2020 Dr. Cr. Cash Accounts Receivable Office supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Trucks Accumulated Depreciation - Trucks Accounts Payable Wages Payable Common Stock Retained Earnings Totals 0 Marjorie Knaus, Inc Adjusted Trial Balance Unadjusted Bal. Dr. CH Cash 9,025 0 Accounts Receivable 31,400 0 Omce supplies 2.100 0 Prepaid Insurance 3,600 0 Equipment 8,000 0 Accumulated Depreciation - Equipment 0 8.000 Trucks 28,500 0 Accumulated Depreciation Trucks 0 28,500 Accounts Payable 0 9,500 Wages Payable 0 1.200 Common Stock 0 30,000 Dividends 13000 Retained Earnings 5.500 Service Revenue 0 40.400 Wages Expense 1.200 Truck Expense 1,300 Reat Expense 300 Miscellaneous Expense 2.600 Adjustments Adjusted Bal. Dr. Cr. Dr. Cr. 0 0 9,025 0 O 0 31,400 0 0 1,750 350 0 0 300 3,300 0 0 0 8,000 0 0 100 8.100 0 0 28,500 0 0 225 0 28,725 0 0 0 9,500 0 0 1,200 0 0 0 30,000 0 0 0 13,000 0 5,500 0 0 0 40,400 0 0 1,200 0 0 1,300 O 0 0 300 0 0 2,600 0 0 D - 0 0 BTU. -AMerge & Center $ Spy armat Painter and Font Alignment f D G H M N Adjustments Dr. Cr 0 0 OOOOOOO Marjorie Knaus, Inc Adjusted Trial Balance Unadjusted Bal Dr. Cr. Cash 9,025 0 Accounts Receivable 31.400 0 office supplies 2.100 0 Prepaid Insurance 3,600 0 Equipament 8.000 0 Accumulated Depreciation - Equipment 0 8,000 Trucks 28,500 Accumulated Depreciation - Trucks 0 28,500 Accounts Payable 0 9,500 Wages Payable 0 1,200 Common Stock 30,000 Dividends 13000 Retained Earnings 5.500 Service Revenue 040,400 Wages Expense 1,200 0 Truck Expense 1,300 0 Rent Espense 300 Miscellaneous Expense 2,600 1.750 300 0 100 0 225 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjusted Bal Dr. Cr. 9,025 0 31,100 350 0 3,300 0 8,000 0 8.100 28.500 0 028,725 9.500 0 1.200 30,000 13.000 0 5,500 40.400 1.200 0 1.300 0 300 DDDD OOOOOOO 0 0 0 0 OO 2,600 Totals 88,025 136,100 0 2.375 85.975 136,425 Part 2 Search for anything Adjustments Dr. C 0 0 0 Unadjusted Bal De CA 9.025 31400 2.100 3.600 3.000 0 28.500 Adjusted Di 3,025 317000 350 3.300 3.000 0 0 0 0 0 Dod 18750 300 0 100 100 282500 9500 0 0 0 0 0 0 1200 3.500 1200 30.000 30,000 0 Cash Accounts Receivable Ollice supplies Prepaid insurance Equipment Accumulated Depreciation Equipment Truoks Accumulated Depreciation - Truoks Rebounts Payable Wages Payable Common Stock Dividends Retained Earnings Service Revenue wagesep Truck Expense Rent Empense Miscellaneous Experte notes pable salles op hoe print supplies up COSE de ce 40.400 40.000 0 0 0 0 dop 1300 2.500 2.500 00 0 1200 0 0 0 1 200 1300 2 500 2.500 0 209.25 20.525 3.000 5.500 5.000 5.500 1750 300 1750 300 -e tried 100255 Total coctions