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Prepare hand - written financial statements. ( a ) a multi - step Income Statement ( do not state multi - step in the financial

Prepare hand-written financial statements.(a) a multi-step Income Statement (do not state "multi-step" in the financial statement header)(b) a Statement of Retained Earnings(c) a classified Balance Sheet (show the current asset & current liabilities section, etc.)
Comprehensive Financial Statement Presentation assignment
CILANTRO COMPANY
Adjusted Trial Balance
December 31,2023
\table[[Cash,Debit,Credit],[5,000,],[Accounts Receivable,62,000,],[Allowance for Doubtful Accounts,,9,500],[Inventory,55,000,],[Prepaid Rent,11,000,],[Prepaid Advertising,4,000,],[Land,100,000,],[Buildings,800,000,],[Accumulated Depreciation-Building,,100,000],[Equipment,170,000,],[Accumulated Depreciation-Equipment,,22,000],[Franchises,47,000,],[Copyrights,38,000,],[Accounts Payable,,42,000],[Interest Payable,,17,000],[Unearned Revenue,,12,000],[Notes Payable (due 2028),,200,000],[Bonds Payable (due 2032),,750,000],[Preferred Stock, $100 par,,80,000],[Common Stock, $5 stated value,,50,000],[Paid-in Capital in Excess of Par,,38,000],[Retained Earnings,,17,000],[Treasury Stock (3,000 shares),30,000,],[Dividends,14,000,],[Sales Revenue,,135,000],[Sales Returns & Allowances,8,000,],[Sales Discounts,2,000,],[Interest Revenue,,3,500],[Cost of Goods Sold,72,000,],[Salaries and Wages Expense,19,000,],[Depreciation Expense,15,000,],[Amortization Expense,2000,],[Insurance Expense,5,000,],[Interest Expense,17,000?,-],[Totals,$,1,476,000,1.476,00
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