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Required information [The following information applies to the questions displayed below.] The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit

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Required information [The following information applies to the questions displayed below.] The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 139,380 50,500 22,800 172,880 17,000 173,000 $ 189,880 138,888 22.080 83,880 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office Supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable R. Chiara, Capital R. Chiara, Withdrawals Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals 185,00 58,888 25,880 34,00 148,888 285, see 50,880 474, 32,88 25,500 19,000 198,888 40,000 32.000 33,882 63,500 27,200 $1,275,888 $1,275,880 Required: 1(a) Prepare the income statement for the year ended December 31. 1(b) Prepare the statement of owner's equity for the year ended December 31. [Note: R. Chlara. Capital at Dec. 31 of the prior year was $285,800.) 1(c) Prepare Chiara Company's balance sheet as of December 31. Complete this question by entering your answers in the tabs below. Req 1A Reg 13 Reg 10 Prepare the income statement for the year ended December 31. CHIARA COMPANY Required: 1(a) Prepare the Income statement for the year ended December 31. 1(b) Prepare the statement of owner's equity for the year ended December 31. [Note: R. Chiara. Capital at Dec. 31 of the prior year was $285,800.) 110) Prepare Chiara Company's balance sheet as of December 31 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 1C Prepare the income stated Req 18 year ended December 31. CHIARA COMPANY Income Statement For Year Ended December 31 Reg 1A Req 1B >

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