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Required information [The following information applies to the questions displayed below.) Jaguar Auto Company provides general car maintenance to customers. The company's fiscal year-end is

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Required information [The following information applies to the questions displayed below.) Jaguar Auto Company provides general car maintenance to customers. The company's fiscal year-end is December 31. The December 31, 2021, trial balance (before any adjusting entries) appears below. Credits Debits $ 92,200 16,500 27,600 24,600 101,000 Accounts Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Deferred Revenue Interest Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense Insurance Expense Supplies Expense Utilities Expense Interest Expense Totals $ 43,000 12,900 0 60,300 0 35,600 48,800 10,900 4,500 233,000 165,500 0 0 0 12,600 0 $444,500 $444,500 In addition, the company had the following year-end adjusting entries. Credits Debits 10,300 10,300 4,300 4,300 1,300 1,300 a. Depreciation Expense Accumulated Depreciation b. Salaries Expense Salaries Payable C. Interest Expense Interest Payable d. Insurance Expense Prepaid Insurance e. Supplies Expense Supplies f. Deferred Revenue Service Revenue 20,300 20,300 22,300 22,300 15,300 15,300 3. Prepare an adjusted trial balance. JAGUAR AUTO COMPANY Adjusted Trial Balance December 31, 2021 Debit Accounts Credit Totals $ 0 $ 4. Prepare an income statement, statement of stockholders' equity, and classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Income Statement Stmt of Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2021. JAGUAR AUTO COMPANY Income Statement For the Year Ended December 31, 2021 Expenses: Total Expenses 0 Income Statement Stmt of Stockholders Equity > 5. Record closing entries and then post them to the T-accounts provided above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2021 Record entry Clear entry View general journal 7. Prepare a post-closing trial balance. JAGUAR AUTO COMPANY Post-Closing Trial Balance December 31, 2021 Debit Accounts Credit Totals $ 0 $ 0

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