Why is it said that U.S. Was built on diversity?

The Adjusting Process P3-47B Preparing financial statements from an adjusted trial balance 120-30 min] The adjusted trial balance of A Plus Events Piano Tuning Service at fiscal year end October 31, 2012, follows. A PLUS EVENTS PLANO TUNING SERVICE Adjested Trial Balance October 31, 2012 Account Titde Debit Credie s 12,300 10,700 1,800 25,800 Accounts receivable Equipment Accumulated depreciation Accounts payable Uncarned service revenue s 12,300 1,300 4,600 700 15,000 Salary payabl Note payable Bach, capital Bach, deasing Service nevenoe Depreciation espense Salary expense Ueilities expense Insurance expense Supplies expense Total 16,000 %000 00$6,000 9,600 4,100 ,700 110.900 5110 200 1. Prepare A Plus's 2012 income statement. 2. Prepare the statement of owner's equity for the year 3. Prepare the year-end halance sheet. 4. Which financial statement reports A Plus's results of operations? Were 2012 operations successful? Cite specifics from the financial statements to sup- port your evaluation 5. Which statement reports the company's financial position Continuing Exercise E3-48 OO Preparing adjusting entries and preparing an adjusted trial balance Mccountiegtae (20-30 min] This exercise continues the Lawlor Lawn Service situation from Exercise 2-61 of Chapter 2. Start from the trial halance and the posted T-accounts that Lawlor Lawn Service prepared at May 31, 2012 Re 1. Open these additional T-accounts: Accumulated depreciation-equipment; Depreciation expense--equipment Supplies expense. 2. Mindy Lawlor determines there are $40 in Lawn supplies left at May 31, 2012 Depreciation on the equipment was $30 for the month. Journalize any required adjusting journal entries