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requirements are listed on the second image D E B CZS Medical Center Work Sheet For Year Ended December 31, 2020 Adjusted Trial Balance DR
requirements are listed on the second image
D E B CZS Medical Center Work Sheet For Year Ended December 31, 2020 Adjusted Trial Balance DR No. Account Title CR Adjustments DR 21,000 CR Unadjusted Trial Balance DR 12,000 32.000 280,000 CR (d) 21.000 (e (d) (d) (d) (d) 31,000 3,000 1.000 4,300 5.000 20,000 13,000 21,000 350,000 (a 690 Utilities expense 686 Repairs expense 683 Salanes expense 652 Supplies expense 640 Rent expense 637 Insurance expense 633 Advertising expenses 612 Depreciation expense 501 Cost of Goods Sold 451 Other Revenue 401 Sales 305 Retained Earnings 301 Common Stock 251 Long-term notes payable 210 Wages payable 203 Interest payable 201 Accounts payable 187 Copyrights - Medical 186 Patents - Medical Licenses 168 Accumulated depreciation - Medical equipment (b) 4,300 288.183 760000 436,000 200.000 136,000 (c) 31,000 37,000 65,000 (d) 34,300 43,000 15,000 95.000 (c) 20,000 A C E F G H 186 Patents - Medical Licenses 15.000 168 Accumulated depreciation - Medical equipment 95,000 (c) 20,000 167 Medical equipment 670,000 150 Land 70,000 140 Supplies 6,000 131 Inventory 29,000 (b) 4,300 Short-term Securities 40.000 (a) 13.000 126 Patient Receivables 288,183 101 Cash 140,000 Totals 2.017.183 2,017,183 102.600 102,600 Requirements: 1) Complete adjusted trial balance of worksheet 2) Use your completed worksheet to prepare (a) single-step or multi-step net income, (b) Statement of Owner's Equity and (c) Classified balance sheet as of December 31, 2020. 3) HINT:(a) Sort the data by chart of account number, then (b) review totals for reasonableness Duc date: Upload financial statements to Blackboard by Monday, July 5, 2021. Please do not email filesStep by Step Solution
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