Required: 1. Prepare an income statement for the year ended December 31, 2015. I a net loss has been incurred, enter that amount as a negative number using a minus sign Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons() on the income statement 2. Prepare a statement of stockholders' equity for the year ended December 31, 20y5. During the year, common stock of $30,000 was issued it a net loss is incurred or dividends were paid enter that amount as a negative number using a minus sign Be sure to complete the statement heading. Refer to the 1st of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the chart of Accounts for exact wording of account titles 3. Prepare a balance sheet as of December 31, 20Y5. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. For those boxes in which you must enter subtracted or negative numbers use a minus sign 4. Based upon the end-of-period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles 5 Prepare a post-closing frial balance theacon company mutant and pars warung geschoose une un ade mes and typese Beacons Company pred seweg en te bet 1.200 de met Bescons Company End-of-Perod Spreadsheet For the Year End December 10 United This Balance Austen Adjusta Balance Account De DU 0.000 Accounts Receivable 30.000 100 41.100 30 D 2100 1150 Dracao Supe 2700 12.100 SOD 0.000 Land Dulang 423.000 23.000 205.300 2000 217300 Acum Deon Buking 000 100,000 Equipment Accumulated Depron Egun 15.100 400 16.000 Account Payable 16.000 5.000 Sales and patie 2.300 1200 hamed Her 90.000 0.000 Common Stock 1930 13,50 Retained in 10.000 DO 10 000 ve Show Me How 0000 D D Love Accumstaned Deprebon Equipment 8600 16.000 15000 Accounts Pays Names and we are 5000 Uneannes Rent 2.300 a 1200 1100 90.000 Common Stock 50.000 Round Car 3370 OR OCH Dends 10.000 90.000 fees Eamed 383 400 100 31200 1200 1200 Fonte Batanes and Wages Expense 150 000 c) 5.000 163,00 Movenport 21.400 15.00 21,400 15.100 is per 12.000 Depreciation Expense Building di 12.000 OG Repairs Epe 1,000 fej 400 400 bi 150 3.150 Depreciation Expense quement Instance Expense Suspes Expende Moneous 2,100 2.100 1200 001470 301470 991970 301570 37050 37030 Required: 1. Prepare an income statement for the year ended December 31, 2015. I a net loss has been incurred, enter that amount as a negative number using a minus sign Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons() on the income statement 2. Prepare a statement of stockholders' equity for the year ended December 31, 20y5. During the year, common stock of $30,000 was issued it a net loss is incurred or dividends were paid enter that amount as a negative number using a minus sign Be sure to complete the statement heading. Refer to the 1st of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the chart of Accounts for exact wording of account titles 3. Prepare a balance sheet as of December 31, 20Y5. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. For those boxes in which you must enter subtracted or negative numbers use a minus sign 4. Based upon the end-of-period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles 5 Prepare a post-closing frial balance theacon company mutant and pars warung geschoose une un ade mes and typese Beacons Company pred seweg en te bet 1.200 de met Bescons Company End-of-Perod Spreadsheet For the Year End December 10 United This Balance Austen Adjusta Balance Account De DU 0.000 Accounts Receivable 30.000 100 41.100 30 D 2100 1150 Dracao Supe 2700 12.100 SOD 0.000 Land Dulang 423.000 23.000 205.300 2000 217300 Acum Deon Buking 000 100,000 Equipment Accumulated Depron Egun 15.100 400 16.000 Account Payable 16.000 5.000 Sales and patie 2.300 1200 hamed Her 90.000 0.000 Common Stock 1930 13,50 Retained in 10.000 DO 10 000 ve Show Me How 0000 D D Love Accumstaned Deprebon Equipment 8600 16.000 15000 Accounts Pays Names and we are 5000 Uneannes Rent 2.300 a 1200 1100 90.000 Common Stock 50.000 Round Car 3370 OR OCH Dends 10.000 90.000 fees Eamed 383 400 100 31200 1200 1200 Fonte Batanes and Wages Expense 150 000 c) 5.000 163,00 Movenport 21.400 15.00 21,400 15.100 is per 12.000 Depreciation Expense Building di 12.000 OG Repairs Epe 1,000 fej 400 400 bi 150 3.150 Depreciation Expense quement Instance Expense Suspes Expende Moneous 2,100 2.100 1200 001470 301470 991970 301570 37050 37030