The unadjusted and adjusted trial balance for Sandhill Co. are as follows. Cash SANDHILL CO. Trial...

  

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The unadjusted and adjusted trial balance for Sandhill Co. are as follows. Cash SANDHILL CO. Trial Balance August 31, 2022 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Before Adjustment Dr. $13,516 10,912 3,100 4,960 19,840 Cr. $4,464 7,192 0 2,232 After Adjustment Dr. $13,516 11,656 620 3,100 19,840 Cr. $5,952 7,192 1,364 992 Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 3,472 21,080 0 13,392 0 0 $90,272 12,400 6,820 42,160 15,004 3,472 22,444 2,480 13,392 1.860 1,488) $90,272 $93,868 12,400 6,820 42,904 16,244 $93.868 Prepare the income statement for the year ended August 31. Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) Prepare the classified balance sheet at August 31. (List Assets in order of liquidity) The unadjusted and adjusted trial balance for Sandhill Co. are as follows. Cash SANDHILL CO. Trial Balance August 31, 2022 Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Before Adjustment Dr. $13,516 10,912 3,100 4,960 19,840 Cr. $4,464 7,192 0 2,232 After Adjustment Dr. $13,516 11,656 620 3,100 19,840 Cr. $5,952 7,192 1,364 992 Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 3,472 21,080 0 13,392 0 0 $90,272 12,400 6,820 42,160 15,004 3,472 22,444 2,480 13,392 1.860 1,488) $90,272 $93,868 12,400 6,820 42,904 16,244 $93.868 Prepare the income statement for the year ended August 31. Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) Prepare the classified balance sheet at August 31. (List Assets in order of liquidity)

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Income Statement For the Year Ended August 31 2022 Revenue Service Revenue 42904 Rent Revenue 16244 ... View the full answer