Use the updated general ledger balances or the information in the Adjusted Balance coulumns of the spreadsheet to prepare the following financial statements for Marjorie Knaus, Inc.

Fill out lines with Account Names and fill in boxes with dollar amounts. If necessary, add lines and boxes as needed.

Closing Journal Entries: - Complete the closing process (Hint: Temporary Accounts) DR CR 1 2 - 2) Statement of Retained Earnings Marjorie Knaus, Inc. Statement of Retained Earnings For The Month Ended 1/31/2020 3) Balance sheet Marjorie Knaus, Inc. Balance Sheet As of 1/31/2020 ASSETS LIABILITIES STOCKHOLDER'S EQUITY Use the updated general ledger balances or the information in the Adjusted Balance-coulumns of the spreadsheet to a. prepare the following financial statements for Marjorie Knaus, Inc. Fill out lines with Account Names and fill in boxes with dollar amounts. If necessary, add lines and boxes as needed. 1) Income Statement Marjorie Knaus, Inc. Income Statement For The Month Ended 1/31/2020 Marjorie Knaus, Inc. Post-Closing Trial Balance January 31, 2020 Dr. Cr. Cash Accounts Receivable Office supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Trucks Accumulated Depreciation - Trucks Accounts Payable Wages Payable Common Stock Retained Earnings Totals elele Marjorie Knaus, Inc Adjusted Trial Balance Unadjusted Bal. Dr Cr. 9,025 0 Receivable 31,400 0 upplies 2.100 0 Insurance 3.600 0 ent 8,000 0 ulated Depreciation - Equipment 0 8,000 28,500 0 sulated Depreciation - Trucks 0 28,500 nts Payable 0 9.500 s Payable 0 1,200 mon Stock 0 30.000 ends 0 13000 ined Earnings 5.500 lice Revenue 0 40,400 es Expense 1.200 0 Ek Expense 1,300 0 at Expense 300 0 cellaneous Expense 2,600 0 Oooo Adjustments Adjusted Bal. Dr. Cr. Dr. Cr. 0 9.025 9,025 0 31,400 31.400 1,750 350 350 0 300 3,300 3,300 0 0 8,000 8,000 0 100 8.100 8,100 0 0 28,500 28,500 0 225 28,725 28,725 0 0 9.500 9,500 0 0 1,200 1,200 0 0 30,000 30,000 0 0 13,000 13,000 O 0 5,500 5,500 0 0 40,400 40,400 0 1,200 1.200 0 0 1,300 1,300 0 0 300 300 0 0 2,600 2,600 O + als 88,025 136,200 2,375 222,400 222.400 art 2 Cearch for anything Adjusted Bal. Dr. Cr. 9,025 9,025 31,400 31,400 350 350 3,300 3,300 8,000 8,000 8,100 8,100 28,500 28,500 28,725 28,725 9,500 9,500 1,200 1,200 30,000 30,000 13,000 13,000 5,500 5,500 40.400 40,400 1,200 1,200 1,300 1,300 300 300 2,600 2,600 222,400 222.400 Closing Journal Entries: - Complete the closing process (Hint: Temporary Accounts) DR CR 1 2 - 2) Statement of Retained Earnings Marjorie Knaus, Inc. Statement of Retained Earnings For The Month Ended 1/31/2020 3) Balance sheet Marjorie Knaus, Inc. Balance Sheet As of 1/31/2020 ASSETS LIABILITIES STOCKHOLDER'S EQUITY Use the updated general ledger balances or the information in the Adjusted Balance-coulumns of the spreadsheet to a. prepare the following financial statements for Marjorie Knaus, Inc. Fill out lines with Account Names and fill in boxes with dollar amounts. If necessary, add lines and boxes as needed. 1) Income Statement Marjorie Knaus, Inc. Income Statement For The Month Ended 1/31/2020 Marjorie Knaus, Inc. Post-Closing Trial Balance January 31, 2020 Dr. Cr. Cash Accounts Receivable Office supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Trucks Accumulated Depreciation - Trucks Accounts Payable Wages Payable Common Stock Retained Earnings Totals elele Marjorie Knaus, Inc Adjusted Trial Balance Unadjusted Bal. Dr Cr. 9,025 0 Receivable 31,400 0 upplies 2.100 0 Insurance 3.600 0 ent 8,000 0 ulated Depreciation - Equipment 0 8,000 28,500 0 sulated Depreciation - Trucks 0 28,500 nts Payable 0 9.500 s Payable 0 1,200 mon Stock 0 30.000 ends 0 13000 ined Earnings 5.500 lice Revenue 0 40,400 es Expense 1.200 0 Ek Expense 1,300 0 at Expense 300 0 cellaneous Expense 2,600 0 Oooo Adjustments Adjusted Bal. Dr. Cr. Dr. Cr. 0 9.025 9,025 0 31,400 31.400 1,750 350 350 0 300 3,300 3,300 0 0 8,000 8,000 0 100 8.100 8,100 0 0 28,500 28,500 0 225 28,725 28,725 0 0 9.500 9,500 0 0 1,200 1,200 0 0 30,000 30,000 0 0 13,000 13,000 O 0 5,500 5,500 0 0 40,400 40,400 0 1,200 1.200 0 0 1,300 1,300 0 0 300 300 0 0 2,600 2,600 O + als 88,025 136,200 2,375 222,400 222.400 art 2 Cearch for anything Adjusted Bal. Dr. Cr. 9,025 9,025 31,400 31,400 350 350 3,300 3,300 8,000 8,000 8,100 8,100 28,500 28,500 28,725 28,725 9,500 9,500 1,200 1,200 30,000 30,000 13,000 13,000 5,500 5,500 40.400 40,400 1,200 1,200 1,300 1,300 300 300 2,600 2,600 222,400 222.400