Prepare financial statements:

- income statement

- retained earnings statement

- statement of financial position (classified).

Adjusting Entries Ledger Adj Trial Balance Sr. No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Account Title Cash Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Interest Receivable - Notes Receivable Art Supplies Prepaid Rent Printing Equipment Accumulated Depreciation- Printing Equipment Notes Payable Interest Payable - Notes Payable Accounts Payable Salaries Payable Unearned Advertising Revenue Share Capital - Ordinary Retained Earnings Dividends Advertising Revenue Salaries Expense Bad Debt Expense Depreciation Expense Art Supplies Expense Interest Revenue Rent Expense Interest Expense Utilities Expense Insurance Expense Miscellaneous Expense Balance Debit Credit 21,250 24,500 2,450 14,500 1,450 500 2,291.667 62,000 37,400 10,400 832 5,500 1,200 7,040 13,000 7,500 1,200 87,560 15,500 1,450 12,400 4,500 1,450 208.333 832 6,600 3,750 1,400 174,332 174,332 20 21 22 23 24 25 26 27 28