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Question 1 [60 points) 80 Judith Grimm started Weber Inc on December 1, 2014. The adjusted trial balance shown below has been prepared for Weber

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Question 1 [60 points) 80 Judith Grimm started Weber Inc on December 1, 2014. The adjusted trial balance shown below has been prepared for Weber Inc. as of December 31, 2014 Use this information to prepare the income statement and statement of changes in equity for the month ended December 31 along with the December 31 balance sheet. Weber Inc Trial Balance December 31, 2014 Unadjusted Adjusted Trial Balance Adjustments Balance Account Dr. Cr. Dr. Cr. Dr. Cr Cash 10.770 10,770 Interest receivable 7,300 7.380 Supplies 8.440 8,440 Prepaid rent 6.300 6,200 Furniture 26,580 26.580 Accumulated depreciation, furniture Rent payable 11,090 11.000 Short-term notes payable 13.640 13.640 Property taxes payable 6,270 6,590 Uneamed consulting revenue 2.440 260 2,180 Share capital 9,580 9,580 Dividends 3,450 3.450 Retained earnings Conguing revenue samed 19,320 19.580 Commissions earned 21.120 21,120 Interest oamed 5,650 Depreciation experve, furniture Interest expense 2,580 13,790 13,890 3.210 Supplies expense 3.210 Property taxes e pense B9.110 950 89,110 | 89.700 89,700 200 7.010 select one) (select one Balance Sheet select onel XES 320 6,270 2,440 9,580 260 6,590 2,180 9,580 3,450 3.450 260 Property taxes payable Uneamed consulting revenue Share capital Dividends Retained earnings Consulting revenue eamed Commissions earned Interest earned Depreciation expense, furniture Interest expense Rent expense Supplies expense Property taxes expense Totals 19,320 21,120 5,650 19,580 21,120 5.730 2,580 13,790 3,210 6,690 89,110 190 2,580 13,890 3.210 7.010 89.700 89,110 320 950 950 89,700 (Selecione) Income Statement Select one) select one) Balance Sheet (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity

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