Prepare a multiple-step income statement

Prepare a retained earnings statement

Prepare a balance sheet

Journalize the adjusting entries that were made

Journalize the closing entries that are necessary.

The trial balance of Bramble Corp. contained the following accounts at November 30, the end of the company's fiscal year. Bramble adjusts its accounts annually and uses the perpetual inventory system. Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Bramble Corp. Trial Balance November 30, 2022 Sales Revenue Debit $ 8,900 28,300 45,600 6,000 131,000 13,000 Credit $ 29,000 51,500 52,600 40,000 40,000 755,200