The following is the adjusted trial balance for Nadia Company. 
Prepare an income statement, statement of owner's equity, and balance sheet. Assume that the capital account started with a beginning balance of $10,000 and that the owner made an additional investment of $3,000 during the period.
Definitions:
Social Norms
The unwritten rules and expectations about appropriate behavior that guide individual actions in social situations and groups.
Status Competition
The competition among group or team members for social standing, recognition, or valued roles, which can influence group dynamics.
Competence-Based
Refers to an approach or system that focuses on individuals' ability to meet specific standards or competencies.
Integrity-Based
A principle or approach that emphasizes honesty, ethical conduct, and consistency of actions and values.
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