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PROBLEM#4 Using the following adjusted trial balance, prepare an income statement, statement of stockholders' equity, and balance sheet. Be sure to use the proper heading

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PROBLEM#4 Using the following adjusted trial balance, prepare an income statement, statement of stockholders' equity, and balance sheet. Be sure to use the proper heading and format. The balance sheet is to be classified. Don't forget to compute the earnings per share ratio on the proper form. The fiscal period is one month There are 4,000,000 shares of outstanding common stock. Lynette's House of Pancakes Adjusted Trial Balance February 28, 2019 In Thousands of S) 14,000 49,000 91,000 Cash Accounts Receivable Delivery Equip. (net) Accounts Payable Dividends Payable Income Taxes Payable Contributed Capital Retained Earnings Sales Revenue Operating Expenses Adm. Selling and Gen Exp. ncome Tax Expense OTALS 14,500 1,000 6,500 94,000 11,000 88,500 42,000 13,000 6.500 215,500 215,500

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