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The adjusted trial balance for chiara company as of


The adjusted trial balance for Chiara Company as of December 31, 2013, follows.

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Required:
1. Use the information in the adjusted trial balance to prepare 
(a) The income statement for the year ended December 31, 2013;
(b) The statement of owner's equity for the year ended December 31, 2013; and 
(c) The balance sheet as of December 31, 2013.

2. Calculate the profit margin for year2013. 

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Financial Accounting: The adjusted trial balance for chiara company as of
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