Question: Please answer this question with all the parts. General ledger, journal. Trial balance, income statements, balance sheet, and analyst. It is my second time posting.

 Please answer this question with all the parts. General ledger, journal.

Please answer this question with all the parts. General ledger, journal. Trial balance, income statements, balance sheet, and analyst. It is my second time posting. Really need help.

Trial balance, income statements, balance sheet, and analyst. It is my second

time posting. Really need help. On January 1, 2021, Displays Incorporated hadthe following account balances: From January 1 to December 31 , thefollowing summary transactions occurred: a. Purchased inventory on account for $348,000. b.

On January 1, 2021, Displays Incorporated had the following account balances: From January 1 to December 31 , the following summary transactions occurred: a. Purchased inventory on account for $348,000. b. Sold inventory on account for $660,000. The cost of the inventory sold was $328,000. c. Received $592,000 from customers on accounts receivable. d. Paid freight on inventory received, $42,000. e. Paid $338,000 to inventory suppliers on accounts payable of $345,000. The difference reflects purchase discounts of $7,000. f. Paid rent for the current year, $60,000. The payment was recorded to Rent Expense. g. Paid salaries for the current year, $168,000. The payment was recorded to Salaries Expense. tice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The opti u choose will be the values used to populate the income statement and balance sheet tabs. e. Paid $338,000 to inventory suppliers on accounts payable of $345,000. The difference reflects purchase discounts of $7,000. f. Paid rent for the current year, $60,000. The payment was recorded to Rent Expense. g. Paid salaries for the current year, $168,000. The payment was recorded to Salaries Expense. Year-end adjusting entries: a. Supplies on hand at the end of the year are $7,000. b. Accrued interest expense on notes payable for the year. c. Accrued income taxes at the end of December are $36,000. 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-8) assuming a perpetual inventory system. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record adjusting entries on December 31 in the 'General Journal' tab (these are shown as items 9-11). 3. Review the adjusted 'Trial Balance' as of December 31, 2021, in the 'Trial Balance' tab. 4. Prepare a multiple-step income statement for the period ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2021, in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 12-13). 7. Using the information from the requirements above, complete the 'Analysis' tab. Prepare an income statement for the period ended January 31,2021 . Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Using the information from the requirements above, complete the 'Analysis'. (Calculate the ratios to the nearest 1 decima On January 1, 2021, Displays Incorporated had the following account balances: From January 1 to December 31 , the following summary transactions occurred: a. Purchased inventory on account for $348,000. b. Sold inventory on account for $660,000. The cost of the inventory sold was $328,000. c. Received $592,000 from customers on accounts receivable. d. Paid freight on inventory received, $42,000. e. Paid $338,000 to inventory suppliers on accounts payable of $345,000. The difference reflects purchase discounts of $7,000. f. Paid rent for the current year, $60,000. The payment was recorded to Rent Expense. g. Paid salaries for the current year, $168,000. The payment was recorded to Salaries Expense. tice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The opti u choose will be the values used to populate the income statement and balance sheet tabs. e. Paid $338,000 to inventory suppliers on accounts payable of $345,000. The difference reflects purchase discounts of $7,000. f. Paid rent for the current year, $60,000. The payment was recorded to Rent Expense. g. Paid salaries for the current year, $168,000. The payment was recorded to Salaries Expense. Year-end adjusting entries: a. Supplies on hand at the end of the year are $7,000. b. Accrued interest expense on notes payable for the year. c. Accrued income taxes at the end of December are $36,000. 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-8) assuming a perpetual inventory system. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record adjusting entries on December 31 in the 'General Journal' tab (these are shown as items 9-11). 3. Review the adjusted 'Trial Balance' as of December 31, 2021, in the 'Trial Balance' tab. 4. Prepare a multiple-step income statement for the period ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2021, in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 12-13). 7. Using the information from the requirements above, complete the 'Analysis' tab. Prepare an income statement for the period ended January 31,2021 . Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Using the information from the requirements above, complete the 'Analysis'. (Calculate the ratios to the nearest 1 decima

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