The adjusted trial balance for Green Advertising Services is presented below Requirements 1. Prepare the income statement
Question:
The adjusted trial balance for Green Advertising Services is presented below
Requirements
1. Prepare the income statement for the year ending December 31, 2024.
2. Prepare the statement of retained earnings for the year ending December 31, 2024.
3. Prepare the classified balance sheet as of December 31, 2024. Use the report form.
Transcribed Image Text:
GREEN ADVERTISING SERVICES Adjusted Trial Balance December 31, 2024 Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation Building Furniture Accumulated Depreciation Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Total Balance Debit $ 14,000 15,800 6,500 18,400 47,900 19,600 18,300 28,600 8,400 2,900 1,300 13,500 $ 195,200 Credit $ 36,100 14,100 10,600 7,200 16,000 30,000 31,400 49,800 $ 195,200
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9781292412320
7th Global Edition
Authors: Tracie Miller-Nobles, Brenda Mattison, Ella Mae Matsumura
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