Question: Break down each item line for income statement, retained earnings statement, and classified balance sheet SRS Consulting Services Unadjusted Trial Balance 30-Sep-19 $ Account Cash

Break down each item line for income statement, retained earnings statement, and classified balance sheet Break down each item line for income statement, retained earnings statement, and

SRS Consulting Services Unadjusted Trial Balance 30-Sep-19 $ Account Cash $ 15,000 Accounts Receivable 11,200 Supplies 1,350 Prepaid Insurance 3,000 Long Term Investments 20,000 Equipment 39,100 Accumulated Depreciation-Equipment 8,100 Accounts Payable 9,500 Unearned Revenue 1,900 Notes Payable 30,000 Common Stock 25,000 Retained Earnings 4,700 Dividends 5,000 Revenue 24,000 Depreciation 3,300 Salaries Expense 4,650 Insurance expense 600 Totals 103,200 103,200 a. An inventory of supplies shows $650 on hand at 9/30/19 b. The insurance policy was purchased on July 1 for $3,600. The policy's term is one year. The insurance expired ("used up") for September has not been recorded. c. Depreciation on equipment for the year totals $3,600. d. Previously recorded Uneamed Revenue earned during September, $1,000. e. Srs's Note Payable is due in full on August 31, 2020. The interest accrued for September is $200 and is payable on October 4. f. SRS pays its employees biweekly. The last paycheck received by its employees was on September 25. Salaries accrued to September 30h are $600. & Corporate income tax for the year is estimated to be $3,900. 1. Prepare an income Statement for the year ended Sept. 30, 2019 in proper form. (Don't forget the proper date). 2. Prepare a Statement of Retained Earning in proper form with proper dating. 3. Prepare a classified Balance Sheet in proper form with proper dating

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