Question: Write an income statement, balance sheet, statement of changes in equity for this. 2 . Articulate the relationship by using arrows. 3 . Show the
Write an income statement, balance sheet, statement of changes in equity for this. Articulate the relationship by using arrows. Show the accounting equation for MUP Company
Adjusted trial balance for MUP Company as of Dec.31,2023: (accounts in no particular order) debit credit Accounts receivable (A/R) Accumulated depreciation:equipment Accounts payable (A/P) Note payable (N/P) due Jan.31, 2024 Salaries payable Building Depreciation expense: building Dividends Retained earnings 1/1/2022 Prepaid insurance Cash Cost of goods sold Sales discount Sales * Inventory Salaries expense Insurance expense Share capital (none issued in 2022) Interest payable (due July 31, 2024) Unearned sales revenue Interest expense Income tax expense Total debits/credits 700 23,000 500 100 350 660 21,000 100 1,200 1,240 100 700 800 50,450 3,000 100 2,000 360 13540 25,100 5,700 250 400 50,450 F/S type Acct type
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