The account balances in the ledger Skyviews Hotel on December $31,20$X$8($the end

of its fiscal year$),$ were as follows:

Data for adjustments are as follows:

Cost of food sold $$110,000$

Interest expense of $,$$$,18,000$ was not recorded

Supplies inventory at the end of the year was valued at

$$8,000$

Depreciation expense of $$18,000$ was not recorded

Required:

Prepare an Income Statement and a Statement of Retained Earnings for the year ending Decembe

The hotel has decided that no dividends will be paid this year. Give me a table with $6$ columns before adjustments, adjustments and then after adjustments. and then give the income statement and retained earnings.