What kinda information, what else do you need. I need a general ledger for merchandise in the amount of $250,00.

Accounting Project Prepare a report of your assessment of your company's business that you will present to the banker. 10 Prepare a General ledger of the company by the Name of -SERBOTAN Sports Clothing Store 2. Come up with 11 transactions, in the amount of $250,000 dollars and 10 more transactions that total up to $100,000 dollars 3. Record journal entries for the transactions 4. Put together a trial balance (make sure your debits equal your credits) for 3 adjusting entries 5. adjust the trial balance based on the 3 adjusting entries that you came up with 6. Prepare the income statement, retained earnings statement, and the balance sheet 2. Use the information on the financial statements to answer the following questions: a. Was your company profitable in 2020? b. Has the stockholders' equity grown? CH Can you expect to be approved for the loan? Give your reasons for your response. Calculating some appropriate liquidity ratios, such as current ratio, cash ratio, acid-test ratio, etc. may help.) 3. If your company plans to establish another branch of the business in Panama City, Panama, what accounting standards will the company use to record the accounting activities and prepare the financial statements SERBOTAN Sports Clothing Income Statement General Journal Ledger 9525 Brant Lane Glen Allen VA 23060 Date Created: 01 Jan, 2020 Date Issued: 01 Jan, 2021 $250,000.00 Debit Credit $250,000.00 Sports Clothing Store Revenue Income Statement Revenue Sales Merchandise Inventory Depreciation expense Sales Return Depreciation expense Discounts and Allowances Net Sales Cost of Goods Sold Materials Labor Overhead Total Cost of Goods Sold Gross Profit Operating Expenses Wages Advertising Repairs & Maintenance Travel Rent/Lease Delivery/Freight Expense Utilities/Telephone Expenses e ProQuest Ebook Ce... w Discussions - Word w] Document2 - Word Adi Document2 - Word Table Tools nces Mailings Review View Help Design Layout Tell me what you want to do - ay - A bct 1 Normal 1 No Spac... Heading 1 Heading 2 Title Styl Paragraph Interest Income Other Income Profit (Loss) Before Taxes Less: Tax Expense Net Profit (Loss) Statement of owners' equity Balance on 01-01-2020? Drawings during the year? Net Income for the year? Balance on 31-12-2020? e ProQuest Ebook Ce... Discussions - Word W Document2 - Word OP Document2 - Word Table Tools in Layout References Mailings Review View Help Design Layout Tell me what you want to dy) - 11 - A A Aa- REAL 1 AaBbCcDc AaBbCcDc AaBb C AaBbc 1 Normal 1 No Spac... Heading 1 Heading Jabe x, x Aal. A DE- Font Paragraph Insurance Mileage Office Supplies Interest Other Expenses Total Operating Expenses Operating Profit (Loss) Add: Other Income Interest Income Other Income Profit (Loss) Before Taxes Less: Tax Expense Net Profit (Loss) Statement of owners' equity Balance on 01-01-2020? Drawings during the year? Net Income for the year? Balance on 31-12-2020? ch o ProQuest Ebook Ce... W Discussions - Word W Document ho 49 21 TERM SIZE Accounting Project Prepare a report of your assessment of your company's business that you will present to the banker. 10 Prepare a General ledger of the company by the Name of -SERBOTAN Sports Clothing Store 2. Come up with 11 transactions, in the amount of $250,000 dollars and 10 more transactions that total up to $100,000 dollars 3. Record journal entries for the transactions 4. Put together a trial balance (make sure your debits equal your credits) for 3 adjusting entries 5. adjust the trial balance based on the 3 adjusting entries that you came up with 6. Prepare the income statement, retained earnings statement, and the balance sheet 2. Use the information on the financial statements to answer the following questions: a. Was your company profitable in 2020? b. Has the stockholders' equity grown? CH Can you expect to be approved for the loan? Give your reasons for your response. Calculating some appropriate liquidity ratios, such as current ratio, cash ratio, acid-test ratio, etc. may help.) 3. If your company plans to establish another branch of the business in Panama City, Panama, what accounting standards will the company use to record the accounting activities and prepare the financial statements SERBOTAN Sports Clothing Income Statement General Journal Ledger 9525 Brant Lane Glen Allen VA 23060 Date Created: 01 Jan, 2020 Date Issued: 01 Jan, 2021 $250,000.00 Debit Credit $250,000.00 Sports Clothing Store Revenue Income Statement Revenue Sales Merchandise Inventory Depreciation expense Sales Return Depreciation expense Discounts and Allowances Net Sales Cost of Goods Sold Materials Labor Overhead Total Cost of Goods Sold Gross Profit Operating Expenses Wages Advertising Repairs & Maintenance Travel Rent/Lease Delivery/Freight Expense Utilities/Telephone Expenses e ProQuest Ebook Ce... w Discussions - Word w] Document2 - Word Adi Document2 - Word Table Tools nces Mailings Review View Help Design Layout Tell me what you want to do - ay - A bct 1 Normal 1 No Spac... Heading 1 Heading 2 Title Styl Paragraph Interest Income Other Income Profit (Loss) Before Taxes Less: Tax Expense Net Profit (Loss) Statement of owners' equity Balance on 01-01-2020? Drawings during the year? Net Income for the year? Balance on 31-12-2020? e ProQuest Ebook Ce... Discussions - Word W Document2 - Word OP Document2 - Word Table Tools in Layout References Mailings Review View Help Design Layout Tell me what you want to dy) - 11 - A A Aa- REAL 1 AaBbCcDc AaBbCcDc AaBb C AaBbc 1 Normal 1 No Spac... Heading 1 Heading Jabe x, x Aal. A DE- Font Paragraph Insurance Mileage Office Supplies Interest Other Expenses Total Operating Expenses Operating Profit (Loss) Add: Other Income Interest Income Other Income Profit (Loss) Before Taxes Less: Tax Expense Net Profit (Loss) Statement of owners' equity Balance on 01-01-2020? Drawings during the year? Net Income for the year? Balance on 31-12-2020? ch o ProQuest Ebook Ce... W Discussions - Word W Document ho 49 21 TERM SIZE