1. Using the alphabetized trial balance provided and the templates provided, prepare 12/31/ year 2 multi-step income statement, statement of change in stockholders equity and a balance sheet, using good GAAP form.
2. Save to your desktop with the name: your last name_first name_company name_q#2
3. Upload completed file to this canvas question

1. Delete the file you saved to the desktop after your upload is complete

	Debit	credit
Accounts payable		7075
Accounts receivable	34000
Accum dep- equip		10200
Allowance for doubtful accounts		2040
cash	28812
Common stock		55000
Cost of goods sold	31000
Depreciation expense	10200
Dividends	2000
Equipment	50,000
Freight out expense	235
goodwill	11000
Insurance expense	2550
Interest expense	1300
Interest payable		2375
inventory	17938
Land	21000
Loss on sale of land	5000
Note payable		24500
Prepaid insurance	11,125
Retained earnings		54960
Salaries expense	16800
Sales revenue		84800
supplies	400
Supplies expense	500
Uncollectible accounts expense	1390
Unearned revenue		4300
totals	245250	245250