getproctorio.com secured lockdown Enabled: ACCT 201 Final Exam (Chapters 1-12) Saved The adjusted trial balance for Chia

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getproctorio.com secured lockdown Enabled: ACCT 201 Final Exam (Chapters 1-12) Saved The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit 94,300 54,500 21,600 172,000 17,000 173,000 $ 80,000 142,000 24,000 83,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) office supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Retained earnings Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense-Automobiles Totals 98,000 30,000 16,000 38,000 142,000 29,580 266,220 45,000 484,000 28,000 26,000 17,500 186,000 46,000 36,600 35,200 60,500 25,600 $1,235,800 $1,235,800
Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31, (b) the statement of retained earnings for the year ended December 31 (Note: Retained Earnings at December 31 of the prior year was $266,220); and (c) the balance sheet as of December 31, Complete this question by entering your answers in the tabs below. Required A Required B Required Prepare the income statement for the year ended December 31. CHIARA COMPANY Income Statement For Year Ended December 31 $ 0 < Prev 5 of 29 Next >
Complete this question by entering your answers in th Required A Required B Required C Prepare the statement of retained earnings for the year ended prior year was $266,220.] CHIARA COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec.31 prior year end 0 Retained earnings, Dec. 31 current year end $ 0 < Required A
Required: Use the information in the adjusted trial balance to prepare (a) the incor statement of retained earnings for the year ended December 31 [Note: $266,220); and (c) the balance sheet as of December 31. Required A Required B GOOG Required C Prepare Chiara Company's balance sheet as of December 31. CHIARA COMPANY Balance Sheet December 31 0 0 $ 0