$8,000 Accounts payable.. . . . ... . $ 1,300 Rental revenue ... . .... .... $ 500 Accounts receivable... . .. . . 3,500 Notes payable. .. .. .. ..... 2,400 Salaries expense ...... ..." 3.000 Notes receivable .... .... 2.500 Unearned revenue .. . . . ... 300 Rent expense .... .sees :8: 2.000 Office supplies ... 1,500 A. Lopez, Capital. ... 400 . ..... 11,600 Advartising expanse... . . . . 1,000 A. Lopez, Withdrawals ..... 2,000 Utilities expense. . . . 200 Propaid insurance . ... . . .. . Equipment . ... 4,000 Consulting revenue . . ..... 12,000 page 77 Required 1. Prepare a December income statement for the business. 2. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0. 11% - Page 314 of 3238transaction codes a through g. Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet P1 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metrix shows the following selected accounts and amounts for the month of December