WAR Ments and OS Chart of Account Label and Amount Descriptions Income Statement Statement of Owner's Equity Ilalance Sheet Instruction Besoons Company maintains are wings, such as the found on radio towers and how eacon Company wir end of growcember 2010 end of the Teacon Sonals company Enferiod Sorah For the Year Ended December 11, 2015 najusted Trial Balance Asted Trial Adjustments D Or Account O: CE Casa 1.000.00 13.000.00 Accounts Receivable 12.500.00 53 00 00 Prepaid insurance 420000 2.000.00 1.200.00 300000 Maps e) 2.350.00 75000 OK.000.00 Land 00.000.00 500.000.00 600.000 50 Bulding Accum Deoretinong 555.300.00 204.100.00 121 00 00 Etuiment 2190000 dk My Work more Check My Woo Sock Show Me How inancial statements and desing entries Transion Chart of Accounts Label and Amount Descriptions income Statement Statement of Equity Balance Sheet Instructions And Depreciation Element 100,100.00 4 500.00 04.00 15.700.00 15,700.00 Account Payable Stars and Wages Payable 14.000.00 4000.00 Uneaed Rent 2.100.00 000.00 130000 Sarah Con Capital 238,100.00 2310000 10.000.00 000.00 Sarah Calin Drawing 30.700.00 150000 41.2000 300.00 Pent TODOC Ses and opene 103.100.00 11400000 21.700.00 2. TODO Advertising 1.400.00 11.400.00 0000 Dewi Buiding 150.00 500.00 Depreciation Espersen 3.000 3.000.00 Inne 2280 Experie RICAS 8,000.00 0.0 (e) 4,500.00 4.500.00 (b) 3.000.00 Depreciation Expense Equipment Insurance Expense Supplies Expense Miscellaneous Expense 3,000.00 (c) 2.250.00 2.250.00 4.350.00 4350.00 1,000,000.00 1.000.000,00 37.450.00 37.450.00 1.030,000.00 1,030,000.00 Required: 1. Prepare an income statement for the year ended December 31, Wanet lous has been neurred enter that amount as a negative numberuang a minus nign Be sure to complete the statement heading Use the kat of Labels and Amount Description for the correct nording of best ima other than account names. You will not need to enter colons() on the nome statement 2. Prepare a statement of owner's equity for the year ended December 31. No additional investments were made ouring the year. For those bores in which you must enter subtracted or negative numbers use a minun signe mure to complete the statement heading Use the fat of Libele and Amount Descriptions for the correct wording of textes 3. Prepare a balance sheet as of December 31. Find anseta must be entered in order accoung to count number Be sure to complete the statement heading Use the lof Labels and Amount Descriptions for the correct warning tema ter than antrames you will need to enter colonel or the word "Less on the balance sheet, they wwl automatically is where 4 Based upon the end of period tpreadsheet Journalize the closing entries Explanation should be one you are unsure of account see the chart of accounts 5. Prepare a post-closing trual balance ck My Work 3 more Chew My Wox semang All we saved 72F o CHART OF ACCOUNTS Beacon Signals Company General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 42 Rent Revenue 13 Prepaid Insurance 14 Supplies EXPENSES 15 Land 51 Salaries and Wages Expense 52 Advertising Expense 53 Utilities Expense 16 Building 17 Accumulated Depreciation-Building 18 Equipment 19 Accumulated Depreciation-Equipment 54 Depreciation Expense-Building 55 Repairs Expense LIABILITIES 21 Accounts Payable 22 Salaries and Wages Payable 50 Depreciation Expense-Equipment 57 Insurance Expense 58 Supplies Expense 59 Miscellaneous Expense 23 Unearned Rent Work 3 more Check My Work uses remaining All work saved Financial statements and desires Instructions Chart of Account Income Statement State Ows Balance sheet Land Amount Downton Income Statement Frame Decoratie regerunter anders worden www Label and never go down Beacon Incoment Financial statements and content Instructions Chart of Accounts Income Statement Statement of Owner's Equity Belance Sheet Land Amuntans In Statement Women Owner's ty 2. Preferoner store December. Now we wtore. wwe muding the related Amore they are they Instructions Chart of Accounts Income Statement Statement of Owner's Equity Balance Sheet Lists and Amount Destion iname Swoment wament of Only Bwance the 2 www.talentos December must be entered in order to be unter Become the war hing we content come to our welchemy OB Benals Com Financial statements and dosing entries Instruction Chart of Accounts Label and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Journal Based upon the end-of-period aproadheet journalize the coming entries. If you are unsure of accounts, set the chart of account. JOURTUAL ACCOUNTING FOLATION DATE POSTC CA DESCRIPTION Cacing Entries