Question: plz prepare an.. 1- Income Statement 2- Retained earnings statement for the year Saudi Gold Co. Adjusted Trial Balance November 30, 2019 Sr Cr. Sr

plz prepare an..
1- Income Statement
2- Retained earnings statement for the year
plz prepare an..1- Income Statement 2- Retained earnings statement for the year

Saudi Gold Co. Adjusted Trial Balance November 30, 2019 Sr Cr. Sr 39,000 51,000 48,500 90,000 8,000 757,200 Dr. 28,700 Cash. Accounts Receivable. 33,700 Inventory. 45,000 Supplies. 1,500 Equipment. 133,000 Accumulated Depreciation Equipment.. Notes Payable. Accounts Payable. Share Capital Ordinary. Retained Earnings. Sales Revenue Sales Returns and Allowances. 4,200 Cost of Goods Sold. 495,400 Salaries Expense.... 140,000 Advertising Expense. 26,400 Utilities Expense. 14,000 Maintenance and Repairs Expense. 12,100 Delivery Expense. 16,700 24,000 Rent Expense. Supplies Expense. 4,000 Depreciation Expense-Equipment. 15,000 Interest Expense. 11,000 11.000 Interest Payable... Totals. 1,004,700 1,004,700 Additional information: 1. Salaries and wages expense is 70% selling and 30% administrative. 2. Rent expense and utilities expense are 80% selling and 20% administrative. 3. 30,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. 4. Maintenance and repairs expense is 100% administrative. Instructions: Prepare an 1. income statement 2. Retained earnings statement for the year

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