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The adjusted 12/31/22 Trial Balance for Sirius Corporation included these accounts and balances. All accounts have...

The adjusted 12/31/22 Trial Balance for Sirius Corporation included these accounts and balances. All accounts have a normal balance. No other accounts existed.

Retained Earnings (1/1/22)

$161

Salaries Expense

$170

Accounts Payable

$25

Common Stock

$50

Cash

$75

Accounts Receivable

$28

Unearned Service Revenue

$21

Salaries Payable

$9

Dividends

$25

Prepaid Rent

$8

Depreciation Expense: Equip.

$40

Cleaning Supplies

$15

Service Revenue

$350

Accumulated Depreciation: Equip.

$120

Cleaning Supplies Expense

$95

Equipment

$280
  1. Determine the total of the Adjusted Trial Balance columns.
  2. In proper format, prepare the Sirius Corporation:
    • 2022 Income Statement
    • 2022 Statement of Retained Earnings
    • 12/31/22 Balance Sheet
  • Show work (Equations used, if any)

Solutions

Expert Solution

ekkarill92 answered 3 years ago
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