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22 18 points eBook Print References Problem 4-11A Preparing financial statements L06 The adjusted trial balance for Impressions Dance School has been provided for the year ended new bookkeeper alphabetized the accounts. Account Debit Credit $ 22,680 Accounts payable Accounts receivable. $ 13,500 Accumulated depreciation, automobiles Accumulated depreciation, building Alisha Bjorn, capital 39,360 164,000 168,960 Alisha Bjorn, withdrawals Automobiles 10,000 71,000 Building 236,000 Cash 11,600 Copyright 6,900 7,100 Depreciation expense, automobiles Depreciation expense, building Dance lesson revenue 28,400 154,680 Gas, oil, and repairs expense Land 29,600 32,900 Land for future expansion. 50,000 Notes payable" 90,000 Grand Am 0900 ab i nces Saved 52334 5735 Land for future expansion 50,000 Notes payable* Brand name 90,000 8,800 Rent revenue 21,000 174,000 Salaries expense Store supplies Unearned revenue 4,380 23,500 Totals $684,180 $684, 180 *The notes payable plus interest are due in 18 months. The owner made no investments during the year. Prepare an income statement for the year ended September 30, 2020. IMPRESSIONS DANCE SCHOOL Income Statement For Year Ended September 30, 2020 Revenues: ook Print erences The owner made no investments during the year. Prepare an income statement for the year ended September 30, 2020. IMPRESSIONS DANCE SCHOOL Income Statement For Year Ended September 30, 2020 Revenues: 0 Total revenues Operating expenses: Prepare a statement of changes in equity for the year ended September 30, 201 IMPRESSIONS DANCE SCHOOL Statement of Changes in Equity For Year Ended September 30, 2020 Alisha Bjorn, capital, October 1 Alisha Bjorn, capital, September 30 Current assets: Total current assets Long-term investments: Property, plant and equipment: IMPRESSIONS DANCE SCHOOL Balance Sheet September 30, 2020 Assets $ 0 ces Prepare a classified balance sheet at September 30, 2020. IMPRESSIONS DANCE SCHOOL Balance Sheet September 30, 2020 Assets Current assets: Total current assets Long-term investments: Property, plant and equipment: Automobiles Total property, plant and equipment Intangible assets: Total assets Current liabilities: Total current liabilities Long-term liabilities: Liabilities Saved $ 0 S 0 0 0 es Total current liabilities Long-term liabilities: Total liabilities Total liabilities and equity Equity $ 0 0 0