Question: create a balance sheet using information given. (if you find you are misisng some proceed with out it) please create balance sheet using this information

create a balance sheet using information given.
(if you find you are misisng some proceed with out it)
create a balance sheet using information given. (if you find you are
misisng some proceed with out it) please create balance sheet using this
please create balance sheet using this information information B D E F G 29 Marks 0 Holister Electric Inc

B D E F G 29 Marks 0 Holister Electric Inc Income Statement For the Year Ended December 31, 2021 Sales Rurvenue 740,000 1 ss sales Discount 9,500 2 ss sale return $12,100 3 net sales 218.400 54 Less cost of goods sold 333.000 S5 Gross profit 385,400 56 67 Operating Expenses 68 Depreciation Expense 35.000 369 Insurance Expense 4100 70 Maintenance Expense 15,200 871 Professional Fees Expense 7.500 372 Rent Expense 41300 373 Salaries Egense 84000 374 Telephone Expende 32.500 375 Travel Experte $19,100 376 Total operating Expenses 209,700 377 378 Income from Operations 175,700 379 interest Expenses 13.646 380 Interest Revenue 4.285 381 avenue from the ment 10.500 382 income before tax 309.39 383 Income tax expense 384 come from Continuing Operations 223.084 385 386 Los from Dininud Operation 16.800 387 Total Discontinued Orations TO 388 389 Net Income 206,284 390 391 392 Calculate the earnings per fare for income from Continuing Operation Net Income 394 395 396 Income from Continuing Operations 223.084 397 135000 1.65 399 Notice 206284 0.92 400 2014 401 402 Prepare state untered car December 2001 and others were 403 Hollater Electric Statement of Retained Earnings 405 For the Year Ended December 31, 2011 40G 407 408 4091 404 Stat1 Credit Debit $15,058 $48,692 S4 285 $18.500 $50,000 $28,600 $124,000 $275.700 $160,000 $255,000 $65,000 $71.000 $12,855 55,600 $12355 Hollister Electricine Adjusted Trial Balance December 31, 2021 Account Title Cash Accounts Receivable Interest Receivable Prepaid Insurance Short-Term Investment - Daenerys Inc. Short-Term Investments - Bonds Valuation Allowance for Fair Value Adjustment Inventory Investment in Gregor Inc. Common shares Long Term investment. Bond Discount on Bonds Property, Plant & Equipment Accumulated Depreciation Accounts Payable Interest Payable Unearned Revenue Premium on Bonds Bonds Payable Bank loan Common Shares Preferred Shares Retained Earnings Interest Revenue Revenue from Investment in Gregor Inc Unrealized Gain on Fair Value Adjustment Income Tax Savings. Discontinued Operations Sales Revenue Sales Discounts Sales Returns and Allowances Cost of Goods Sold Depreciation Expense Insurance Experte Interest Expense Loss from Discontinued Operations Maintenance Expense Professional Fees Eapende Rent Expense Salaries Expense Telephone Expense Travel Expense Income Tax Expense. Continuing Operations Unrealized loss on Fair Value Adjustment Total $45.000 587.500 $20.000 $106, 200 $4,285 $143 so $7.500 $740,000 $9,500 $12.100 $933.000 $35.000 $4.100 $13.646 516,00 $15,200 $7,500 $41.300 $84.000 $3,500 $19.100 $7,500 $1.574,156$1.24. 156 29 Marla Credit Holter Electrine income Statement For the Year Ended December 31, 2021 Debih $15.08 548,692 $4,285 $18.500 $50,000 $28,500 740.000 Salaseva Last e sale net $12.100 100 31000 15.00 $124.000 $275,700 so $255.000 11.00 7.500 41 Hood $12.855 Adjusted Trial Balance December 31, 2021 Account Title 6 Cash 7 Accounts Receivable B Interest Receivable 9 Prepaid Insurance 10 Short-Term Investment-senerys Inc. 11 Short Term Investments - Bonds 12 Valuation Allowance for Fair Value Adustment 13 inventory 14 Investment in Gregorin Common shares 15 Long-Term Investment Bond 16 Discount on Bonds 17 Property Plant & Equipment 318 Accumulated Depreciation 319 Accounts Payable 320 Interest Payable 321 Uneamed Revenue 322 Premium on Bonds 323 Bonds Payable 324 Bank Loan 325 Common Shares 326 Preferred Shares 327 Retained Eaming 328 interest Revenue 329 Revenue from investment in Gregorin 330 Unrealised Gain on Fair Value Adjustment 331 Income Tax Savings Discontinued Operations 332 Sales Revenue 333 Sales Discounts 334 Sales Mature and Alowances 335 Cost of Goods Sold 336 Depreciation pense 337 Insurance Expense 338 Interest Expense 339 Loss from Discontinued Operations 340 Maintenance Experte 341 Professional fees Espenie 342 Rent Expense 343 Salaries per 344 Telephone Expense 345 travel Expense 346 Income Tax Expense.Conuing Operation 347 wated to ona Valu Adistant 348 Total 349 No Sheet1 Gross profit $160,000 18 Deption 19 wungene $65,000 70 Maintenance $71,000 sf $12.55 72 $6,500 23 Sepete 74 Telephone 75 wpm TH H CH H. 545.000 277 $2.500 378 won trompet $20.000379 $106.200 330 $425 5143.500 382 53,500 303 384 385 5740.000 386 $19 100 TA RO 211 $9.500 $12.100 $3.000 $35.000 54.100 $13,646 516,800 $15,200 $2.500 341,100 $84.000 53,500 $19,100 388 389 390 391 392 393 394 395 396 197 390 400 57.500 Bremen $1,574,156 51,574,156 403 404 405 406 407 400 MADE WITH WHITERABEFRITH WHITE BORDER B D E F G 29 Marks 0 Holister Electric Inc Income Statement For the Year Ended December 31, 2021 Sales Rurvenue 740,000 1 ss sales Discount 9,500 2 ss sale return $12,100 3 net sales 218.400 54 Less cost of goods sold 333.000 S5 Gross profit 385,400 56 67 Operating Expenses 68 Depreciation Expense 35.000 369 Insurance Expense 4100 70 Maintenance Expense 15,200 871 Professional Fees Expense 7.500 372 Rent Expense 41300 373 Salaries Egense 84000 374 Telephone Expende 32.500 375 Travel Experte $19,100 376 Total operating Expenses 209,700 377 378 Income from Operations 175,700 379 interest Expenses 13.646 380 Interest Revenue 4.285 381 avenue from the ment 10.500 382 income before tax 309.39 383 Income tax expense 384 come from Continuing Operations 223.084 385 386 Los from Dininud Operation 16.800 387 Total Discontinued Orations TO 388 389 Net Income 206,284 390 391 392 Calculate the earnings per fare for income from Continuing Operation Net Income 394 395 396 Income from Continuing Operations 223.084 397 135000 1.65 399 Notice 206284 0.92 400 2014 401 402 Prepare state untered car December 2001 and others were 403 Hollater Electric Statement of Retained Earnings 405 For the Year Ended December 31, 2011 40G 407 408 4091 404 Stat1 Credit Debit $15,058 $48,692 S4 285 $18.500 $50,000 $28,600 $124,000 $275.700 $160,000 $255,000 $65,000 $71.000 $12,855 55,600 $12355 Hollister Electricine Adjusted Trial Balance December 31, 2021 Account Title Cash Accounts Receivable Interest Receivable Prepaid Insurance Short-Term Investment - Daenerys Inc. Short-Term Investments - Bonds Valuation Allowance for Fair Value Adjustment Inventory Investment in Gregor Inc. Common shares Long Term investment. Bond Discount on Bonds Property, Plant & Equipment Accumulated Depreciation Accounts Payable Interest Payable Unearned Revenue Premium on Bonds Bonds Payable Bank loan Common Shares Preferred Shares Retained Earnings Interest Revenue Revenue from Investment in Gregor Inc Unrealized Gain on Fair Value Adjustment Income Tax Savings. Discontinued Operations Sales Revenue Sales Discounts Sales Returns and Allowances Cost of Goods Sold Depreciation Expense Insurance Experte Interest Expense Loss from Discontinued Operations Maintenance Expense Professional Fees Eapende Rent Expense Salaries Expense Telephone Expense Travel Expense Income Tax Expense. Continuing Operations Unrealized loss on Fair Value Adjustment Total $45.000 587.500 $20.000 $106, 200 $4,285 $143 so $7.500 $740,000 $9,500 $12.100 $933.000 $35.000 $4.100 $13.646 516,00 $15,200 $7,500 $41.300 $84.000 $3,500 $19.100 $7,500 $1.574,156$1.24. 156 29 Marla Credit Holter Electrine income Statement For the Year Ended December 31, 2021 Debih $15.08 548,692 $4,285 $18.500 $50,000 $28,500 740.000 Salaseva Last e sale net $12.100 100 31000 15.00 $124.000 $275,700 so $255.000 11.00 7.500 41 Hood $12.855 Adjusted Trial Balance December 31, 2021 Account Title 6 Cash 7 Accounts Receivable B Interest Receivable 9 Prepaid Insurance 10 Short-Term Investment-senerys Inc. 11 Short Term Investments - Bonds 12 Valuation Allowance for Fair Value Adustment 13 inventory 14 Investment in Gregorin Common shares 15 Long-Term Investment Bond 16 Discount on Bonds 17 Property Plant & Equipment 318 Accumulated Depreciation 319 Accounts Payable 320 Interest Payable 321 Uneamed Revenue 322 Premium on Bonds 323 Bonds Payable 324 Bank Loan 325 Common Shares 326 Preferred Shares 327 Retained Eaming 328 interest Revenue 329 Revenue from investment in Gregorin 330 Unrealised Gain on Fair Value Adjustment 331 Income Tax Savings Discontinued Operations 332 Sales Revenue 333 Sales Discounts 334 Sales Mature and Alowances 335 Cost of Goods Sold 336 Depreciation pense 337 Insurance Expense 338 Interest Expense 339 Loss from Discontinued Operations 340 Maintenance Experte 341 Professional fees Espenie 342 Rent Expense 343 Salaries per 344 Telephone Expense 345 travel Expense 346 Income Tax Expense.Conuing Operation 347 wated to ona Valu Adistant 348 Total 349 No Sheet1 Gross profit $160,000 18 Deption 19 wungene $65,000 70 Maintenance $71,000 sf $12.55 72 $6,500 23 Sepete 74 Telephone 75 wpm TH H CH H. 545.000 277 $2.500 378 won trompet $20.000379 $106.200 330 $425 5143.500 382 53,500 303 384 385 5740.000 386 $19 100 TA RO 211 $9.500 $12.100 $3.000 $35.000 54.100 $13,646 516,800 $15,200 $2.500 341,100 $84.000 53,500 $19,100 388 389 390 391 392 393 394 395 396 197 390 400 57.500 Bremen $1,574,156 51,574,156 403 404 405 406 407 400 MADE WITH WHITERABEFRITH WHITE BORDER

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!