The instructions are to create an income statement for December 2020, an income statement for 2020, and a statement of shareholders' equity. Include earning per share (Common stock has no par value, and there are 5,000 outstanding stocks)

X Calibri 12 ' ' ale Wrap Text Paste BIU EEEEEE Merge & Ce Clipboard Font Alignment 116 D E F B D 55,909 1,600 3,800 7,800 7,975 83,200 816 2,367 A 38 Jackson, Cash 39 Accounts Receivable 40 Inventory 41 Supplies 42 Prepaid Insurance 43 Equipment 44 Furniture 45 Accumulated Depreciation - Equipment 46 Accumulated Depreciation - Furniture 47 Accounts Payable 48 Interest Payable 49 Wages Payable 50 Notes Payable (Due April 2023) 51 Common Stock (no par value) 52 Retained Earnings 53 Dividends 54 Sales Revenue 55 Sales Discounts 56 Cost of Goods Sold 57 Supplies Expense 58 Rent Expense 59 Wages Expense 60 Insurance Expense 61 Interest Expense 62 Depreciation Expense 63 Utilities Expense 64 Total 2,485 6,600 35,000 69,000 30,780 10,500 116,160 6,000 33,875 5,300 8,300 16,600 4,625-6 2,975 17 13,100 262,392 262,392 Journals EN General Ledger Trial Balance Income Statement Accessibility: Investigate Type here to search Ei