The recording of operations (and includes the entries of regularization and closing), the preparation of the financial statements and performance analysis using ratios Carole and Alain Plante start their furniture repair business (MeublesRumeurs Inc.) on January 1, 2016. The fiscal year ends on December 31.As of January 1, 2017, the trial balance is as follows:

Account:

Cash (debit) = $5,000;

Customers (debit) = $4,000;

Supply inventory (debit) = $2000;

Small Tool Stock (Debit) = $6,000;

material;

Accumulated depreciation - equipment;

Other non-current assets (Debit) = $9,000;

Suppliers (Credit) = $7,000;

Notes payable;

Salaries payable;

interest to the payer;

Taxes payable;

Various products;

Capital stock (15,000 shares) (Credit) = $15,000;

Retained earnings (credit) = $4,000;

Products tired of services;

Amortization - material;

wages ;

income tax;

Financial expenses;

Other fees (not itemized);

Total (debit) = $26,000

Total (credit) = $26,000

The transactions carried out during 2017 are described below.

a) Signature of a note payable in the amount of $40,000, at the rate of 5%, dated July 1, 2017 and repayable in 8 months.

b) Cash purchase of equipment valued at $18,000 on July 1, 2017.

c) Cash issue, on July 1, 2017, of 5,000 additional shares at cost

of $1 per share.

d) Products earned during the year 2017: $65,000, not $9,000 on credit.

e) Other expenses calculated in 2017: $35,000, not $7,000 credit.

f) Cash purchase of additional useful items: $3,000.

g) Account Collection customers: $8,000.

h) Payment of accounts payable: $11,000.

i) Purchase of supplies on credit: $10,000.

j) Receipt of a price of $3,000 for the work of the contractor on January 15, 2018.

k) Declaration and payment of dividends: $10,000.

The data concerning the adjustment entries are as follows:

1) Principal furniture inventory as of December 31, 2017: $4,000; Inventory of small sets on the estate as of December 31, 2017: $8,000.

m) Amortization of equipment for the year: $2,000.

n) Interest payable on the note payable (to be calculated).

o) Wages earned after December 24, more farmers: $3,000.

p) Income tax expense of $4,000, to be paid at the beginning of 2018.

Work to do

1. Creator of T-accounts for each trial and indication balance account

opening balances.

2. Make the necessary journal entries to record operations a) to k) and

report them in the accounts in T.

3. Make adjustment entries I) to p) and post them to the T-accounts.

4. Draw up a statement of results, a statement of variations

equity and a statement of financial position.

5. Make the closing entries and post them to the in T accounts.

6. Draw up a trial balance after closing the accounts.

7. Calculate the growing ratios for 2017 and explain your proposed results:

a) The capital adequacy rate;

b) The working capital ratio;

c) Net margin percentage.