Exercise 4-9 Roth Company ended its fiscal year on July 31, 2014. The company's adjusted trial balance as of the end of its fiscal year is shown...

Exercise 4-9

Roth Company ended its fiscal year on July 31, 2014. The company’s adjusted trial balance as of the end of its fiscal year is shown below:

ROTH COMPANY Adjusted Trial Balance July 31, 2014
No.	Account Titles	Debit	Credit
101	Cash	$9,033
112	Accounts Receivable	8,381
157	Equipment	16,180
167	Accumulated Depreciation-Equip.		$5,412
201	Accounts Payable		2,552
208	Unearned Rent Revenue		4,440
311	Common Stock		19,460
320	Retained Earnings		19,722
332	Dividends	12,110
404	Service Revenue		64,309
429	Rent Revenue		6,466
711	Depreciation Expense	6,117
720	Salaries and Wages Expense	55,935
732	Utilities Expense	14,605
		$122,361	$122,361

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Prepare an income statement for the year. (If the amount for net income is negative, enter negative amounts using either a negative sign preceding the number, e.g. -45 or parentheses e.g. (45).)

ROTH COMPANY Income Statement For the Year Ended July 31, 2014
EQAT_1369734272945_0_08384959383417600_008
Rent Revenue	$ 64309
Income Summary	6466
EQAT_1369734272945_0_08384959383417600_028		$ 57843

	$



		$

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Prepare an retained earnings statement for the year.

ROTH COMPANY Retained Earning Statement For the Year Ended July 31, 2014
		$

	$


		$

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Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.)

ROTH COMPANY Balance Sheet July 31, 2014
Assets

	$

		$


:
		$
Liabilities and Stockholders’ Equity

	$

		$




		$

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