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Using the information presented below, prepare in proper format for the year ending December 31, 2021: 1. an income statement 2. a statement of retained
Using the information presented below, prepare in proper format for the year ending December 31, 2021:
1. an income statement
2. a statement of retained earnings
3. a balance sheet
4. What is the total amount of the debit column in the post-closing trial balance of Schroder Tax Services on December 31, 2021? $____________
Schroder Tax Services Adjusted Trial Balance December 31, 2021 Credit Debit 27,000 44,000 146,000 1,527,000 133,000 499,000 Account Title Cash Accounts Receivable Supplies Buildings Accumulated Depreciation Copyrights Notes Payable Accounts Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Interest Expense Depreciation Expense Amortization Expense Total 1,000,000 52,000 7,000 500,000 258,000 57,000 820,000 293,000 155,000 18,000 4,000 2,770,000 2,770,000 Use the tables provided to prepare the financial statements. The tables are formatted in red font
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