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Required information The following fomotones to the questions displayed below] Panna Company Sels and types of conta grocery chans as pontelabel and The company's reporting
Required information The following fomotones to the questions displayed below] Panna Company Sels and types of conta grocery chans as pontelabel and The company's reporting year-end Is December 31. The unedusted trial balance as of December 31, 2021. appears below ACCOUNT Dabe Credits ACCOES recevable 11,8 Supala 2.4 Ervatory . 2,5 Iruret ble President Presse A olce Accumulated preciation Acco area ayaste Sasayahin Notes poyable Interat guys. Delarred tlet raw Contact uta Davidence . 5. 2. Sales revere 155, . 79,03 29, Coat otsad Salarsan kent Oxpreciate care arteret Supatsen wapente Tere 2,022 3.93 398.8 Totalt 392,800 Information necessary to prepare the year-end adjusting entites appears below. 1 Depreciation on the office equipment for the your $10,000 2. Employee salatles are paid twice a month on the 22nd for selailes eamed from the isl through the 15th. and on the 70 of the following month for salaries came from the 10th through the end of the month Salarios carned from Decomber 16 through December 31 2021, were $1.200 3. On October 12021. Pastina borrowed $200 from a local bank and signed a note. The note requires Interest to be paid annually on September 20 at 12%. The principal dup in 10 years 4. On March , 2021. the company lent a suppler S21.900 and angle was signed regulting principal and Interest at 0% be paid on February 232022 5. On Apr 1, 2021. the company paid an insurance company 57.800 for a one-year fire Insurance policy. The entre S7.800 wes debited to prepaid Insurance 6.5740 of suples romained on and at December 31, 2021 A customer paid Pasta $2.900 n December for 1200 pounds of spaghell to be delivered on January 2022 Posuna credited ccfcrrec sales revenue a on December 1, 2021 S1800 ren was paid to the owner of the building The payment represented renfor December 2021 end January 2022 et S900 per month The entire amount wes debted to prepeld rent. 4. Prepare an Income statement and a statement of shareholders equity for the year ended December 31, 2021. and a classified balance sheet as of December 31, 2021. Assume that no common stock was sued during the year and that $1,200 in cash dividends were Norders dunng the year Complete this question by entering your answers in the tabs below. Income Statement Prepare the income statement for the year ended December 31, 2021. (other uses ahoud be indicates with minua Patement of Salman lanca Shant Precure the classified balance sheet for the year ended December 31, 2021. [Amounts to be deducted should be indicated by PASTINA COMPANY Inne tenent For the Year Ended December 31, 2021 PASTINA COMPANY Nalanse het At December 31, 2021 Aun O 5 Liabilities and achters Kncome Statement Statement of SE > Income triarer: : Stamat BF Balance Sheet Prepare the statement of shareholder' equity for the year andes December 31, 2021. PASTINA COMPANY Latent of Shareholders' Equity For the Year End December 31, 2021 Total Commen Sharders Sloch Equity Barwy 1.2021 Balance Deceber 31. 2002 Income triarer: : Stamat BF Balance Sheet Prepare the statement of shareholder' equity for the year andes December 31, 2021. PASTINA COMPANY Latent of Shareholders' Equity For the Year End December 31, 2021 Total Commen Sharders Sloch Equity Barwy 1.2021 Balance Deceber 31. 2002
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