Please do this and show me how you did it if you can Cash......Supplies.....Prepaid InsuranceACCOUNTING 211WORKSHEETNAMEKaylee MillerThe balances in the ledger of Year-Round Services as of January 31, before adjustments, are as follows:$12,5003,1507,600Day 2; Exam I· Part 2Equipment.42,000.. Accumulated Depreciation.... 10,200Miscellaneous Expense... 900Retained Earnings...... $33,050Dividends..3,000Service Revenue...Salary Expense........Rent Expense..............Capital Stock.......56+2550,50028,6004,0008 000Adjustment data are as follows: supplies on hand, January 31, $1,245; Insurance expired for January,$800; depreciation on equipment for January, $1,325; salaries accrued, January 31, $700.(a) Prepare a ten-column work sheet for Year-Round Services.for January.(b) On the basis of the work sheet in (a), present the following in good order. (1) income statement, (2)retained earnings statement, and (3) balance sheet.75minates ACCOUNT TITLETRIAL BALANCEDEBIT CREDITADJUSTMENTSDEBITCREDITADJUSTEDTRIAL BALANCEDEBIT CREDITINCOME STATEMENTDEBIT CREDITBALANCE SHEETDEBIT CREDITITT2ndHYPSir

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Answered: Please do this and show me how you did…

Business

Accounting

Please do this and show me how you did it if you can

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The post-closing trial balance of Beamer Manufacturing Co. onApril 30 is reproduced as follows:Beamer Manufacturing Co.Post-Closing Trial BalanceApril 30, 2011 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25,000Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65,000Finished Goods .................................. 120,000Work in Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,000Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000Building . . . ...................................... 480,000Accumulated Depreciation—Building ............. $ 72,000Factory Equipment . . ............................ 220,000Accumulated Depreciation—Factory Equipment . . . 66,000Office Equipment ................................ 60,000Accumulated Depreciation—Office Equipment . . . . 36,000Accounts Payable . . .............................. 95,000Capital Stock…
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