wenn Instructions Beacons Company maintains and repairs waming Tonts, such as those found on radio towers and lighthouse Beacons Company propared the following one of period spreadshoom December 31, 2045, the end of the clear Beacons Company End-of-Perlod Spreadsheet For the Year Ended December 31, 2045 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Tite Or Dr Dr. Cr Cash 10.000 10,000 Accounts Receivable 38.700 (a) 9.200 47.900 Prepaid Insurance 4.400 (D) 3.250 1,150 Supplies 2,800 (c) 2.160 620 Land 98000 3.000 Building 401 000 401,000 Accumulated Depreciation Building 205.300 (0) 13.000 218300 Equipment 101.000 101.000 Income Statement Instructions Equipment 101,000 101,000 Accumulated Depreciation-Equipment 85,100 (6) 4,600 89,700 Accounts Payable 15,700 15,700 Salaries and Wages Payable (1) 5,000 5,000 Uneamed Rent 2,200 (9) 1,500 700 Common Stock 85,000 85,000 Retained Earnings 117,390 117,390 Dividends 10,000 10,000 Fees Eamed 363,300 (a) 9,200 372,500 Rent Revenue (9) 1,500 1,500 Salaries and Wages Expense 158,800 (5,000 163,800 Advertising Expense 21,200 21,200 15,100 15,100 Utilities Expense Depreciation Expense-Building (d) 13,000 13,000 Repairs Expense 8.950 8,950 All work saved Email Instructor Instructions Depreciation Expense-Equipment (6) 4,600 4,600 Insurance Expense (b) 3,250 3,250 Supplies Expenso (c) 2,180 2,180 Miscellaneous Expense 4,040 4,040 873,990 873,990 38,730 38,730 905,790 905,790 Required: 1. Prepare an income statement for the year ended December 31, 2045. W a net loss has been incurred, enter that amount as a negative number using a minus sign Be sure to complete the statement heading, Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons() on the income statement. 2. Prepare a statement of stockholders' equity for the year ended December 31, 2018. During the year, common stock of $25,000 was issued a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Be sure to complete the statement haading. Peter to the list of Laberts and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. 3. Prepare a balance sheet as of December 31, 20Y5. Faxed assets must be entered in order according to account number. Be sure to complete the statement heading. Refer to the list of Labots and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account nittes. For those boxes in which you must enter subtracted or negative numbers use a minus sign 4. Based upon the end of period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titlos. Required: 1. Prepare an income statement for the year ended December 31, 20Y5. Ia net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text tems other than account names. You will not need to enter colons (-) on the income statement. 2. Prepare a statoment of stockholders' equity for the year ended December 31, 20Y5. During the year, common stock of $25,000 was issued. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. 3. Prepare a balance sheet as of December 31, 20Y5. Ficed assets must be entered in order according to account number. Ho sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to The Chart of Accounts for exact wording of account titles. For those boxes in which you must enter subtracted or negative numbers use a minus sign 4. Based upon the end-of-period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles. 5. Prepare a post-closing trial balance