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The adjusted trial balance for Wildhorses Animations is presented below. WILDHORSE COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $ 3,200 Accounts receivable

The adjusted trial balance for Wildhorses Animations is presented below. WILDHORSE COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $ 3,200 Accounts receivable 5,000 Prepaid expenses 2,200 Equipment 44,000 Accumulated depreciationequipment $ 16,500 Accounts payable 5,800 Unearned revenue 9,600 M. Wildhorse, capital 22,300 M. Wildhorse, drawings 19,000 Service revenue 62,300 Rent expense 9,300 Salaries expense 26,100 Supplies expense 2,200 Depreciation expense 5,500 $ 116,500 $ 116,500 Prepare an income statement for the year. Mr. Wildhorse invested $ 4,500 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) WILDHORSE COMPANY Income Statement choose the accounting period select an opening name for section one select an income statement item $ enter a dollar amount select an opening name for section two select an income statement item $ enter a dollar amount select an income statement item enter a dollar amount select an income statement item enter a dollar amount select an income statement item enter a dollar amount select a closing name for section two enter a total amount for section two select a closing name for this statement $ enter a total profit or loss amount eTextbook and Media Prepare a statement of owners equity for the year. Mr. Wildhorse invested $ 4,500 cash in the business during the year. (List items that increase owner's equity first.) WILDHORSE COMPANY Statement of Owner's Equity choose the accounting period select an opening name $ enter a dollar amount select between addition and deduction : select an item enter a dollar amount select an item enter a dollar amount enter a subtotal of the two preivous amounts enter a total amount for the first part select between addition and deduction : select an item enter a dollar amount select a closing name $ enter a total amount eTextbook and Media Prepare a classified balance sheet at December 31, 2021. (List Current Assets in order of liquidity.) WILDHORSE COMPANY Balance Sheet choose the accounting period Assets select an opening name for subsection one select a balance sheet item $ enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a closing name for subsection one enter a total amount for subsection one select an opening name for subsection two select a balance sheet item $ enter a dollar amount select between addition and deduction : select a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts select a closing section name for this part of the balance sheet $ enter a total amount for this part of the balance sheet Liabilities and Owner's Equity select an opening subsection name select a balance sheet item $ enter a dollar amount select a balance sheet item enter a dollar amount select a closing subsection name enter a total amount for this subsection of the second part of the balance sheet select an opening section name select a balance sheet item enter a dollar amount select a closing name for this part of the balance sheet $ enter a total amount for this part of the balance sheet.

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