6 CK CL CM CN A B 1 Name. Abdulkadir Jama 2. Your score 0% The trial balance of the Abdulkadir Jama Company as of December 31, 2022 is presented below Prepare an income statement, statement of owner's equity and a balance sheet for the year ended (date 3 of) December 31, 2022 Every yellow cell requires either an account title or a formula. ALL 4 FORMULAS FOR TOTALS MUST INCLUDE THE SUM FUNCTION Use the dropdown list to select 5 the proper account titles 6 7 Abdulkadir Jama Company 8 Trial Balance 9 December 31, 2022 10 Debit Credit 11 Cash $4 275 12 Accounts receivable 200 13 Inventory 9,720 14 Prepaid insurance 2.400 15 Equipment 26,000 16 Accounts payable $6,200 17 Uneamed consulting revenue 3,000 18 Abdulkadir Jama, Capital 30,200 19 Abdulkadir Jama, Withdrawals 200 20 Consulting revenue 5,800 Instructions Prepare Fin Sts Ready Accessibility, Investigate + G CK CL CM CN A D Name: Abdulkadir Jama Your score 0% 20 Consulting revenue 5,800 21 Rental revenue 300 22 Wages expense 1,400 23 Rent expense 1,000 24 Insurance expense 305 25 Totals 26 27 1) Prepare an income statement for Abdulkadir Jama Company for the year ended 28 December 31, 2022 29 30 Abdulkadir Jama Company 31 Income Statement 32 For Year Ended December 31, 2022 33 Revenues 35 36 37 38 39 Total revenues Expenses Instructions Prepare Fin Sts CK D51 IX fx A B C Name Abdulkadir Jama 2 Your score 0% 40 41 Total expenses 44 2) Prepare a statement of owner's equity for Abdulkadir Jama Company for the year 25 ended December 31, 2022. The owner invested $4,500 during the current year (Cell 46 052). Hint. You must calculate the beginning balance in the capital account 47 40 Abdulkadir Jama Company Statement of Owner's Equity 30 For Year Ended December 31, 2022 51 Abdulkadir Jama, Capital, January 1, 2022 Investment by owner 2500 53 54 Subtotal 55 Withdrawals by owner 56 Abdulkadir Jama, Capital, December 31, 2022 17 28 59 3) Prepare a balance sheet for Abdulkadir Jama Company at December 31, 2022 Instructions Prepare Fin Sts Ready Accessibility Investigate G CK Name Abdulkadir Jama 2 Your score 10% 59 3) Prepare a balance sheet for Abdulkadir Jama Company at December 31, 2022 60 61 Abdulkadir Jama Company 52 Balance Sheet 63 December 31, 2022 64 Assets 65 65 67 09 70 71 Total assets Liabilities and Equity Liabilities 74 75 Total liabilities 76 Equity 77 78 Total abilities and equity Instructions Prepare Fin Sts Ready Accessibility Investigate + 45F