Sultan Company Trial Balance on December 31, 2019 is as follow: $ Dr. $ Cr. Cash Supplies Prepaid license Properties Furniture Accounts payable Unearned revenue 2,500 11,900 12,400 85,000 16,800 5,300 3,600 40,000 56,000 Bank loan Capital 1,000 9,200 Drawings Service revenue Utilities expenses Salaries expenses Other expenses 1,000 3,000 500 $ 114,100 $ 114,100 Total Requird a. [15 marks] Prepare the income statement for the year ended Decer b. [10 marks] Prepare the statement of owner's equity for the year en lint Save and Submit to save and submit. Click Save All Answers to save al on Completion Status: Seconds. Requira a. (15 marks] Prepare the income statement for the year ended December 31, 2019 b. [10 marks] Prepare the statement of owner's equity for the year ended December 31, 2019 C. [15 marks] Prepare the balance sheet as on December 31, 2019 d. [10 marks] Use your prepared balance sheet to calculate the Cash Ratio of the company and sayo I Current Liabilities) Income Statement (add as much needed rows for: income, expenses, net-income) Statement of owner's equity (add as much needed rows for: capital, net-income, withdrawas estar Balance Sheet (add as much needed rows for: Assets = Liabilities + Owner's Equity) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T T T F Paragraph Arial 3 (12pt) T'T: EEE %D ho Click Save and Submit to save and submit. Click Save All Answers to saw all answers