The following is the adjusted trial balance for Vouzan Consulting Limited as of December 31, 2019

Part A: Income Statement

Part B: Statement Owners Equity

Part C: Classified Balance Sheet

QUESTION #1 BASIC FINANCIAL STATEMENT PREPARATION AND CLOSING ENTRIES The following is the adjusted trial balance for Vouzan Consulting Limited as of December 31" 2019. Vouzan Consulting Limited Adjusted Trial Balance T December 31, 2019 h Y Title Credit $ Debit 3,000 5,600 7,000 1,100 13,000 $ 1,300 57,500 6,060 55,000 Cash Rent receivable Prepaid insurance Supplies Shop equipment Acc. Depreciation, shop equipment Building Acc. Depreciation, building Land Uneamed rent Long-term notes payable Lesley Vouzan, Capital Lesley Vouzan, Withdrawals Fees earned Salaries expense Utilities expense Advertising expense Insurance expense Supplies expense Depreciation expense, shop equipment Depreciation expense, building Interest expense Totals 1.800 33,800 73,560 9,500 118,160 71,400 600 750 1240 780 2220 5.550 $234,680 $ 234.680 Part A Using the blank form provided, prepare a basic Income Statement for Vouzan Consulting Limited (Lesley is the sole proprietor) as of December 31, 2019. LA MALL Part B Using the blank form provided, prepare a Statement of Owner's Equity for Vouzan Consulting Limited for the year ended December 31, 2019. PARTC Using the blank form provided, prepare a Classified Balance Sheet for Vouzan Consulting Limited as of December 31", 2019