Use the variables provided (for A, B, C, D and E) to complete.

A) $10,500 Stock sold

B) 1.5% Discount %

C) $7,500 Sales

D) $8,500 Depreciation

E) $355 Interest

A. Set up a chart of accounts

B. Set up a three column General Ledger and drop in the account balances from the provided trial balance

C. Set up a General Journal and prepare the necessary entries through yearend.

D. Post journal entries to your General Ledger set up in (B) and determine the adjusted balances of the accounts. and create an adjusted trial balance

E. Prepare the multi-step income statement, statement of retained earnings and classified balance sheet. Use proper headings!

F. Calculate the current ratio and gross profit percentage and explain what it means with regards to this company

(An expert stated they cannot complete this problem when this is all the information they need to do so, another person submit the same problem with a different variable table and it got answered with all correct answers. Please complete I need this by tonight I will really appreciate it.)

Lizzie, Inc. sells toy mice to high end pet stores. The company has been in business for many years and uses the calendar year for accounting purposes. Following is Lizzie's trial balance for 2022 through December 20th. This trial balance does not. reflect the transactions that occured during the last 11 days of the year or adjustments that are months (hi 1. The company's president, Elizabeth, decided the company needed more capital, so she sold more stock on December 20 th for A 2. the company received payment to settle a $10,000 Account receivable on December 21 . The terms of the receivable were B/10,N30 and the payment reflected that it was within the discount neriod. 3. On Dec 22, the company settled with cash a $15,000 Account payable with a vendor who sold the company inventory on December 18 (the balance is included in Accounts payable at Dec 20). The terms of the payable were B/10,N30 and the payment reflected that it was within the discount period. 4. the company sold C of toy mice, on December 22 . The terms of the sale were 1/10, N30. The cost (inventory) of the mice was $2,000. 5. The equipment was purchased near the beginning of the year. D of its cost expired this year. 6. Interest of E is owed on December 31, but has not been recorded. 7. Supplies on hand at year end were counted, and amount to $4,000. 8. December's rent of $1,500 is owed, but has not been recorded. Lizzie, Inc. sells toy mice to high end pet stores. The company has been in business for many years and uses the calendar year for accounting purposes. Following is Lizzie's trial balance for 2022 through December 20th. This trial balance does not. reflect the transactions that occured during the last 11 days of the year or adjustments that are months (hi 1. The company's president, Elizabeth, decided the company needed more capital, so she sold more stock on December 20 th for A 2. the company received payment to settle a $10,000 Account receivable on December 21 . The terms of the receivable were B/10,N30 and the payment reflected that it was within the discount neriod. 3. On Dec 22, the company settled with cash a $15,000 Account payable with a vendor who sold the company inventory on December 18 (the balance is included in Accounts payable at Dec 20). The terms of the payable were B/10,N30 and the payment reflected that it was within the discount period. 4. the company sold C of toy mice, on December 22 . The terms of the sale were 1/10, N30. The cost (inventory) of the mice was $2,000. 5. The equipment was purchased near the beginning of the year. D of its cost expired this year. 6. Interest of E is owed on December 31, but has not been recorded. 7. Supplies on hand at year end were counted, and amount to $4,000. 8. December's rent of $1,500 is owed, but has not been recorded