Question: help with this question In an excel worksheet, please prepare an Income Statement and Balance sheet for Stanley Inc., using the adjusted trial balance below.

help with this question
help with this question In an excel worksheet, please prepare an Income
Statement and Balance sheet for Stanley Inc., using the adjusted trial balance

In an excel worksheet, please prepare an Income Statement and Balance sheet for Stanley Inc., using the adjusted trial balance below. (Hint: before preparing the balance sheet you must complete a statement of retained earnings.) Equipment 549,000 Income tax expense 20,130 Insurance expense 52,000 Inventories 329,000 Land 315,000 Marketable securities 284,000 Notes payable 175,000 Retained earnings 314,130 Sales Revenue 1,230,000 Supplies expense 75.400 Taxes payable 52,000 Utilities expense 188.700 Wages expense Totals 324,800 $4,084,630$4,084,630

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