this is from my accounting 2 class

this is for my accounting 2 class final

The ledgers used in feinforcement Activity 2 - Part A are needed to complete Reinlortement Activity 2-Part 8 . Reinforcement Acthity 2 - Part B inchudes thove accounting acthities needed to complete the accounting cycle of Gulf Uniform Supphy; linc (6us), and to evaluate a peoposed corporate acquisition. End-of-Fiscal-Period Work INSTRUCTIONS 11. After preparing the schedule of accounts recelvable, 16. Post the adjusting entries in the general ledget. the company accepted an offer from Westem Theaters 17. Prepare an adjusted trial balance, including all account to settle its account for $1,500.00. Enter the following balances except Federal lacome Tax Expense, and total transetions on a new general journal page. Post each the columns. transection to the general ledger and the accounts recehvable ledger. 18. Using the tax table shown in Chapter 15, calculate the federal income tux owed for the fiscal year. Dec. 31. Accepted a 51,500.00,120-day, 8\%s note from Westem Theaters, NR7. 19. Joumalixt and post the adjusting entry for federal income tax payable. 31. Wrote off the remaining balance of Western Theaters accoun. M62. 20. Complete the adjusted tial balance. 12. Prepare a new schedule of accounts recelvable. 21. Prepare an income statement for the current yeat. Prepare avertical analysis of each amountinthe fourth 13. Prepare an unadjusted trial balance. amount columnhound calculations to the nearest0.AWs. 14. Complete the aging of accounts recelvabie. Joumalize 22. Prepare a statement of stockholders' equity. The the December 31 adjusting entry for estimated company had 5,500 shares of $10.00 par value stock uncollectible accounts expense for the year. outstanding on January 1. The comparry issued an additional 500 shares during the year. 23. Prepare a balance sheet foc the current year. 24. Joumalize and post the closing entries. Proposed corporate acqulsitions The board of directors of Health Fashlons, Inc. (HF), is seeking a buyer for the company. Hfl sells uniforms to doctors' offices and hospltals. Thus, HFI and GUS operate simitar basinesses. Acquiring HF would enable GuS to epand into a bordering state. cUS obtained the comparative income statement and balance sheet from HFI, For the acquisition to work, GUS' management would want HFIs financlal ratios to be in line with its own benchmatks. GUS considers HFI to be an income stock. The ledgers used in feinforcement Activity 2 - Part A are needed to complete Reinlortement Activity 2-Part 8 . Reinforcement Acthity 2 - Part B inchudes thove accounting acthities needed to complete the accounting cycle of Gulf Uniform Supphy; linc (6us), and to evaluate a peoposed corporate acquisition. End-of-Fiscal-Period Work INSTRUCTIONS 11. After preparing the schedule of accounts recelvable, 16. Post the adjusting entries in the general ledget. the company accepted an offer from Westem Theaters 17. Prepare an adjusted trial balance, including all account to settle its account for $1,500.00. Enter the following balances except Federal lacome Tax Expense, and total transetions on a new general journal page. Post each the columns. transection to the general ledger and the accounts recehvable ledger. 18. Using the tax table shown in Chapter 15, calculate the federal income tux owed for the fiscal year. Dec. 31. Accepted a 51,500.00,120-day, 8\%s note from Westem Theaters, NR7. 19. Joumalixt and post the adjusting entry for federal income tax payable. 31. Wrote off the remaining balance of Western Theaters accoun. M62. 20. Complete the adjusted tial balance. 12. Prepare a new schedule of accounts recelvable. 21. Prepare an income statement for the current yeat. Prepare avertical analysis of each amountinthe fourth 13. Prepare an unadjusted trial balance. amount columnhound calculations to the nearest0.AWs. 14. Complete the aging of accounts recelvabie. Joumalize 22. Prepare a statement of stockholders' equity. The the December 31 adjusting entry for estimated company had 5,500 shares of $10.00 par value stock uncollectible accounts expense for the year. outstanding on January 1. The comparry issued an additional 500 shares during the year. 23. Prepare a balance sheet foc the current year. 24. Joumalize and post the closing entries. Proposed corporate acqulsitions The board of directors of Health Fashlons, Inc. (HF), is seeking a buyer for the company. Hfl sells uniforms to doctors' offices and hospltals. Thus, HFI and GUS operate simitar basinesses. Acquiring HF would enable GuS to epand into a bordering state. cUS obtained the comparative income statement and balance sheet from HFI, For the acquisition to work, GUS' management would want HFIs financlal ratios to be in line with its own benchmatks. GUS considers HFI to be an income stock