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The following information is provided by Beta Ltd. for the year ended December 31, 2022: Cash: $3,000 Accounts Receivable: $1,500 Equipment: $7,000 Accumulated Depreciation: $1,000


The following information is provided by Beta Ltd. for the year ended December 31, 2022:

Cash: $3,000

Accounts Receivable: $1,500

Equipment: $7,000

Accumulated Depreciation: $1,000

Accounts Payable: $1,500

Salaries Payable: $600

Common Stock: $5,000

Retained Earnings: $4,000

Service Revenue: $18,000

Salaries Expense: $5,500

Rent Expense: $2,000

Utilities Expense: $700

Supplies Expense: $400

Required:

Prepare a Trial Balance at December 31, 2022.

Prepare an Income Statement for the year ended December 31, 2022.

Prepare a Statement of Changes in Equity for the year ended December 31, 2022.

Prepare a Balance Sheet at December 31, 2022.

Prepare a Post-Closing Trial Balance at December 31, 2022.

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