Requirement 1. Prepare the income statement for the year ending December 31, 2018 (Use Perfect Advertising...

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Requirement 1. Prepare the income statement for the year ending December 31, 2018 (Use Perfect Advertising Services Revenues Service Revenue Expenses Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Income Statement Year Ended December 31, 2018 Total Expenses Net Income (Loss) Requirements 27500 9000 2400 600 12800 1. Prepare the income statement for the year ending December 31, 2018 2. Prepare the statement of retained earnings for the year ending December 31, 2018 2. Prepare the classified balance sheet as of December 31, 2018. Use the report form 38200 .X Data table Account Title Cash December 31, 2018 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 Print $ Balance Debit 14,200 12,500 6,400 18,300 49,800 18,900 19,600 Done $ Credit 35,100 14,600 9,800 7,700 16,500 28,500 41,600 38,200 27.500 9,000 2,400 600 12,800 $ 192,000 $ 192,000 - X he ba Requirement 1. Prepare the income statement for the year ending December 31, 2018 (Use Perfect Advertising Services Revenues Service Revenue Expenses Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Income Statement Year Ended December 31, 2018 Total Expenses Net Income (Loss) Requirements 27500 9000 2400 600 12800 1. Prepare the income statement for the year ending December 31, 2018 2. Prepare the statement of retained earnings for the year ending December 31, 2018 2. Prepare the classified balance sheet as of December 31, 2018. Use the report form 38200 .X Data table Account Title Cash December 31, 2018 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 Print $ Balance Debit 14,200 12,500 6,400 18,300 49,800 18,900 19,600 Done $ Credit 35,100 14,600 9,800 7,700 16,500 28,500 41,600 38,200 27.500 9,000 2,400 600 12,800 $ 192,000 $ 192,000 - X he ba

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Net Salesrevenue Income Statement 31Dec18 Expenses Depreciation Expensebuilding Salaries Expense Dep... View the full answer