The adjusted trial balance for Sweet Home Catering, Inc., is presented next. Prepare the income statement and statement of retained earnings for Sweet Home Catering, Inc., for the month ended March 31, 2012. Also prepare a balance sheet at March 31,2012.

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Sweet Home Catering, Inc Adjusted Trial Balance March 31, 2012 ACCOUNT Cash Accounts Receivable Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Supplies Expense Total DEBIT CREDIT $16,000 4,700 500 24,300 5,400 4,500 1,000 3,000 13,000 8,200 1,900 21,000 5,100 1,800 1,500 300 56.100 $56.100