Question: Completing the Accounting Cycle 22 Exercises E4-16 Preparing the financial statements The adjusted trial balance for Green Advertising Services is presented below Learning Objective 1

 Completing the Accounting Cycle 22 Exercises E4-16 Preparing the financial statements

Completing the Accounting Cycle 22 Exercises E4-16 Preparing the financial statements The adjusted trial balance for Green Advertising Services is presented below Learning Objective 1 2. Ending Retained Earnings $8,200 GREEN ADVERTISING SERVICES Adjusted Trial Balance December 31, 2018 Balance Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Feyable Debit 14,000 15,800 6,500 18,400 47,900 Credit 36,100 19,600 14,100 10,600 7,200 16,000 30,000 31,400 Comnon Relained Eanings Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Total 9,800 2,6u0 8,400 2,900 1,300 13,500 s 195,200 195,200 Requirements 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. 3. Prepare the classified balance sheet as of December 31, 2018, Use the report form

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