Activity Prepare a lance Sheet Prepare the Balance Sheet from the Adjusted Trial Balance and Statement of Retained Earnings. Within each section of the statement use the drop-down menus to enter the accounts and select the account balances. Enter any decreases with a minus sign or parentheses SMART TOUCH LEARNING Statement of Retained Earnings Month Ended December 31, 2015 SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit 15.000 400 Retained Emin December 2016 Net income for the month 37.600 co 1600 Arounts Receivable Dividende 26.700 200 Office Supplies 21.300 Prepaid Rent 10,400 Retained Earnings, December 31, 2016 Furniture 18.200 Accumulated Depreciation - Furniture 6.200 Accounts Payable 2000 Salaries Payable 500 interest Payable 300 Unearned Revenue 5.200 Notes Payable 74300 Common Stock 10,200 Retained Earnings 10,400 Dividends 26,700 Service Revenue 47.400 Deprecation Expense-Furniture 2000 Interest Expense 300 Rent Expense 3,100 Salaries Expense 3,600 Supplies Expense 800 Total 89.500 89,500 Liabilities Assets 12.000 Total Liabilities Less 15,300 Stockholders' Equity Total Stockholders' Equity 31.500 46,800 Total Assets Total Liabilities and Stockholders' Equity 46,800