1-Present the financial statements of the company Resale Inc. 31 December X5 is:

- The statement of income,

-The statement of changes in equity,

-The statement of financial position.

2-Submit also the complete list of the ledger accounts regularized and the general journal that will be listed:

-the omitted entries,

-adjusting entries and,

-the closing entries

Here check the balance before regularization of the company Resale Inc. 31 December X5. The company buys and sells on a regular basis, kitchen products. Its main customers are retail stores. Note that the balance of retained earnings (RND) of $ 385,000 is the balance of the RND beginning of the year, to January 1 X5 (temporary accounts that have not yet been closed). This is true of stocks of goods of S 65,000, a clear signal of the use by the company of a periodic inventory system. Resale Inc not regularized Trial Balance 31 December X5 (In dollars) Debit cash balance Accounts to receive Stock of goods Prepaid insurance trucks To death, cumulative - Truck Warehouse To death, cumulative- Warehouse Credit 24000 250000 75000 52000 45000 65000 3500 Accounts Payable Mortgage to pay 250000 Ordinary actions (90,000) No par value, issued and 600 000 outstanding: 12,500 shares (50,000) 25000 420000 325000 preference shares par value of S 5 per share, non cumulative dividend of S 1 per Shopping Wages Publicity Maintenance - Truck Phone Electricity Diverse charges 16000 share, issued and outstanding 3200 5,000 shares 15000 22000 Bonus Preferred Stock 47800 15000 385000 950 500 1724500 Retained earnings Sales Total 1724500 Total Here check the balance before regularization of the company Resale Inc. 31 December X5. The company buys and sells on a regular basis, kitchen products. Its main customers are retail stores. Note that the balance of retained earnings (RND) of $ 385,000 is the balance of the RND beginning of the year, to January 1 X5 (temporary accounts that have not yet been closed). This is true of stocks of goods of S 65,000, a clear signal of the use by the company of a periodic inventory system. Resale Inc not regularized Trial Balance 31 December X5 (In dollars) Debit cash balance Accounts to receive Stock of goods Prepaid insurance trucks To death, cumulative - Truck Warehouse To death, cumulative- Warehouse Credit 24000 250000 75000 52000 45000 65000 3500 Accounts Payable Mortgage to pay 250000 Ordinary actions (90,000) No par value, issued and 600 000 outstanding: 12,500 shares (50,000) 25000 420000 325000 preference shares par value of S 5 per share, non cumulative dividend of S 1 per Shopping Wages Publicity Maintenance - Truck Phone Electricity Diverse charges 16000 share, issued and outstanding 3200 5,000 shares 15000 22000 Bonus Preferred Stock 47800 15000 385000 950 500 1724500 Retained earnings Sales Total 1724500 Total