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Prepare a balance sheet for Peyton Company 2017.

In preparation of the annual audit, prepare appropriate adjusting entries and post to the trial balance workbook. Use the adjusted trial balance and the preliminary 2017 statements to prepare revised financial statements that are audit ready. Calculate the impact on earnings per share that the expansion options will cause. (Orange tabs) Prepare appropriate adjusting entries for patent Prepare appropriate adjusting entries for capitalization of machine repair Prepare the adjusted trial balance Prepare a revised income statement include comprehensive income Prepare a revised retained earnings statement Prepare a revised balance sheet Determine the impact on earnings per share caused by each expansion plan option In preparation of the annual audit, prepare appropriate adjusting entries and post to the trial balance workbook. Use the adjusted trial balance and the preliminary 2017 statements to prepare revised financial statements that are audit ready. Calculate the impact on earnings per share that the expansion options will cause. (Orange tabs) Prepare appropriate adjusting entries for patent Prepare appropriate adjusting entries for capitalization of machine repair Prepare the adjusted trial balance Prepare a revised income statement include comprehensive income Prepare a revised retained earnings statement Prepare a revised balance sheet Determine the impact on earnings per share caused by each expansion plan option

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