Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings.

Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings.

Following is the adjusted trial balance of Post Company. Based on this information prepare a Balance Sheet, Income Statement and Statement of Retained Earnings.


POST COMPANY

ADJUSTED TRIAL BALANCE


Debit

Credit

Cash

80,000


Accounts Receivable

11,100


Prepaid Insurance

1,500


Equipment

4,000


Accumulated Depreciation


200

Supplies

500


Accounts Payable


700

Wages Payable


300

Unearned Revenue


1,500

Contributed Capital


80,000

Retained Earnings


0

Sales


17,000

Gas Expense

400


Supply Expense

300


Insurance Expense

200


Depreciation Expense

200


Wage Expense

500


Dividends

1,000



99,700

99,700


Price: £ 45

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