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The following accounts are taken from Equilibrium Riding, incorporated, a company that specializes in occupational therapy and horseback riding lessons, as of December 31 Required:

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The following accounts are taken from Equilibrium Riding, incorporated, a company that specializes in occupational therapy and horseback riding lessons, as of December 31 Required: 1. Using the unadjusted tribl balance provided, create an fncome Statement for Equibrium Riding. Incorporated. for the year enofed December 31 2. Using the unadjusted tral balance provided, create a Sthtement of Retained Eamings for Equilibnum Riding. Incorporated for the year ended December at if there are no dividends. unclude a line that reports Dividends of zero 3. Using the unadjusted trial bolance provided, create a classified Balance Shett for Equilibilum Ridina. Incorporated, for the year ended December 31 Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fietd.) Journal entry worksheet 5 Issued $23,000 of QCI stock for cash. Record the transuction. Note: Enter debits before credits. The following accounts are taken from Equilibrium Riding, incorporated, a company that specializes in occupational therapy and horseback riding lessons, as of December 31 Required: 1. Using the unadjusted tribl balance provided, create an fncome Statement for Equibrium Riding. Incorporated. for the year enofed December 31 2. Using the unadjusted tral balance provided, create a Sthtement of Retained Eamings for Equilibnum Riding. Incorporated for the year ended December at if there are no dividends. unclude a line that reports Dividends of zero 3. Using the unadjusted trial bolance provided, create a classified Balance Shett for Equilibilum Ridina. Incorporated, for the year ended December 31 Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fietd.) Journal entry worksheet 5 Issued $23,000 of QCI stock for cash. Record the transuction. Note: Enter debits before credits

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