EVERYTHING MUST be hand-written on the provided forms! Nothing can be computer generated/typed onto the provided forms. Quigley Corporations trial balance at December 31, 2019 is presented below. All 2019 transactions have been recorded except for the items described below in "unrecorded transactions" Quigley Corporation Trial Balance December 31, 2019 Debit $ 60,000 Accounts Credit Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Land Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Preferred Stock (796, $20 par) Paid-in Capital in Excess of Par-PS Common Stock ($10 par value) Paid-in Capital in Excess of Par- CS Retained Earnings Treasury Stock Income Summary Cash Dividends Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense Total 1,500 35,000 290,000 85,000 65,000 1,000 9,000 18,000 56,000 35,000 6,000 150,000 769,000 2,500 375,000 40,000 1,068,500 1,068,500 Unrecorded Transactions S 47,250 1) On January 1, 2019, Quigley issued 1,350 shares of $20 par, 7% preferred stock for 1,275 shares $10 par of common stock for s 24,225 2) On January 1, 2019, Quigley also issued 3) On July 1, 2019, Quigley reacquired 4) On December 31, 2019, Quigley declared the annual preferred stock dividend anda 275 shares of its common stock for 15 per share $1.75 per share dividend on the outstanding common stock, all payable on January 15, 2020 5) Quigley estimates that uncollectible accounts receivable at year-end is 6) The building is being depreciated using the straight-line method over 30years The salvage value of the building s 5,000 The equipment is being depreciated using the straight-line method over And 10 years The salvage value of the equipment is 4,000 7) The uneamed rent was collected on October 1, 2019. It was receipt 8) The bonds payable interest is every January 1 and July 1 at 4 months rent in advance. 10% The interest for the months ended December 31, 2019 has not been paid or recorded EVERYTHING MUST be hand-written on the provided forms! Nothing can be computer generat onto the provided forms. a) Prepare journal entries for the transactions listed above. b) Prepare an updated December 31, 2019, trial balance, reflecting the unrecorded transactions c) Prepare a multiple-step income statement for the year ending December 31, 2019 Some tities have been provided in the shaded area. You need to provide titles where the cells are blank. Some titles have been provided in the shaded area. You need to provide titles where the cells are blank. Some titles have been provided in the shaded area. You need to provide titles where the ceills are blank d) Prepare a retained earnings statement for the year ending December 31, 2019 e) Prepare a classified balance sheet as of December 31, 2019 General Journal Date Account Tites Debit Credit 10 13 14 15 16 17 19 21 c) Quigley Corporation Income Statement For the Year Ended December 31,2019 2 Cost of Goods Sold Ex Total 10 Income from Operations 11 Other Revenues and Gains 10 13 Other Expenses and Losses 14 12 13 14 15 d) Quigley Corporation Retained Earnings Statement For the Year Ended December 31, 2019 Quigley Corporation Balance Sheet December 31, 2019 Assets Current Assets: and 10 12 15 16 17 18 19 Liabilities and Stockholders Equity 21 27 Stockholders' Equity 28 Paid-in Capital shares issued shares issued 32 31 Common Stock ock n capital 35 37 42 43 otal Total L and