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Problem #3 XYZ Company Adjusted Trial Balance Debit Credit Cash $ 19,800 Accounts receivable 5,250 Supplies 5,300 Prepaid Advertising 3,000 Trucks 30,300 Accumulated depreciation -

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Problem #3 XYZ Company Adjusted Trial Balance Debit Credit Cash $ 19,800 Accounts receivable 5,250 Supplies 5,300 Prepaid Advertising 3,000 Trucks 30,300 Accumulated depreciation - Trucks Equipment 7,600 Accumulated depreciation - Equipment Accounts payable Unearned service fees S 10,000 2,100 1.200 6,700 20,000 16,050 12,000 90,000 29,800 Common Stock Retained carnings Dividends Service fees earned Wages expense Rent expense Insurance expense Supplies expense Advertising expense Depreciation expense - Trucks Depreciation expense - Equipment 10,200 4,900 5,100 8,000 4,000 800 $146,050 $146,050 Totals Required: Prepare an Income Statement, a statement of Retained Earnings and a Balance Sheet. Also, calculate profit margin, current ratio, working capital, assets turnover and debt ratio

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