the year end for Acme Plastics Ltd. was just completed. Prior to sending the information to the external accountant Need Money, LLP. Rondo the owner wants the internal accounting team led by Laura to complete the financial statements starting with the unadjusted trial balance as of March 31, 2023.

The following is the unadjusted trial balance as of March 31, 2023: Acme Plastics Ltd. Unadjusted Trial Balance March 31, 2023

date	account	D	C
	cash	$ 51,000
	accounts Receivable	$259,000
	inventory	$172,000
	Prepaids	$19,500
	equipment	$1,250,000
	Accumulated Depreciation - Equipment		$304,000
	other assest	$91,000
	accounts payable		$145,000
	unearned revenue		$75,000
	notes payable (due 2026)		$200,000
	common shares		$415,000
	revenue		$1,594,900
	salaries expense	$337,000
	rent expense	$429,000
	interest expense	$125,400

The following was reviewed with Rondo and Laura and agree to the following adjustments for the year ended March 31: a) Physical Inventory counts shows $155,000 of supplies on hand. b) Prepaid rent at March 31 should be $13,000. c) Depreciation for 2023 is $75,000. d) Unearned Revenue should be $41,000. e) Wages in the amount of $40,000 are owed but unpaid and not recorded at year- end. f) 3 months interest at 8% on the note was paid on May 31. Interest for the period from January 1 to March 31is not paid and not recorded. g) Income tax of $125,000 is owed but not recorded and unpaid please provide journal entry, statement of earnings, statement of retained earnings and the statement of financial position from the information given. please read the questions carfully.

CASE: Need Help The yea end for Acme Plastes thd was just completed. Priar to sending the The year end for A cone Pastas tad was just ccmpeted. Phar to sending the itenal accourthe team led by Larra to complete the financial satements starting with be unadjoted trat belance as of March 31, 2623. The following is the unadjuted tral balance is of March 31, 2003: Acme Piastics Lid Unadjeled Trab flalance March 21, 2023 The following was reviewed with Rando and Laura and agree to the folicwiry adjuntments for the year ended March 31 : a) Phivical Inentory counts thows $155,000 of eupples on hand. b) Prepaid rent at March 31 should be $13,000. c) Depreciation for 2023 is $75,000. d) Unearnat Reverie thould be $41000; e) Wages in the amcurt of $40,060 are owed but unpaid and not recorded at yearend. 9) 3 months' interet at 8 co the note was pait on May 31. Interest for the periad from laruary 1 to March 31 is not paid and net recirded 9) Inctme tar of 5125,050 is owed but not recorded and unpoid. Aonso warts Laira to provide him with the adjusting yournal enties as well as the staterent of earsings, saterent of retoned earnings and the staternest of fanced posisen, fo addion, Rendo dso wants Lare to review the cash and benk informater besow and presare a benk recondifetion fer the present month, My 31. 2023. What wil te the amoune repoted for casb on the stasement of financial positich at May 31 . 202 . The followitg is the infomatise at Aoril 300 regarding the aash oroount The bank statement far Acine Plastics for May is as folows Comparing accounting system records to Bank Statements the following is provided