Question: Data Table The adjusted trial balance for Boston Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the



Data Table The adjusted trial balance for Boston Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2018. (Use a Boston Advertising Services Income Statement Year Ended December 31, 2018 Boston Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 14.400 Accounts Receivable 14,300 Office Supplies 6.400 Land 18 300 Building 51.500 Accumulated Depreciation Building $ 38,100 Furniture 19.400 Accumulated Depreciation - Furniture 14,600 Accounts Payable 10,200 Salaries Payable 7.900 Unearned Revenue 13,500 Common Stock 32,500 Retained Earning 38,850 Net Income (Loss) Requirement 2. Prepare the statement of retained earnings for the year ending December 314 Read the requirements Boston Advertising Services Adjusted Trial Balance December 31, 2018 Balance Credit $ Net Income (Loss) Requirement 2. Prepare the statement of retained earnings for the year ending December 31, 20 Boston Advertising Services Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Debit 14.400 14.300 6.400 18,300 51,500 S 38,100 Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation Building Furniture Accumulated Depreciation - Furniture Accounts Payable Salaries Payable Uneamed Revenue Common Stock Retained Earnings 19.400 14,600 10.200 Retained Earnings, December 31, 2018 Requirement 3. Prepare the classified balance sheet as of December 31, 2018 Use the account Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stod 7.900 13.500 32,500 38,850 Boston Advertising Services Balance Sheet Data Table The adjusted trial balance for Boston Advertising Services is presented below E(Click on the icon to view the adjusted trial balance) Read the requirements Balance Sheet December 31, 2018 Assets Boston Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Cash Credit $ Debit 14.400 14,300 6.400 18,300 51,500 $ 19.400 38.100 Accounts Receivable Office Supplies Land Building Accumulated Depreciation--Building Furniture Accumulated Depreciation ---Furniture Accounts Payable Salaries Payable Uneamed Revenue Common Stock Retained Earnings 14,600 Less 10 200 Less 7.900 13.500 32.500 38,850 adjusted trial balance for Boston Advertising Services is presented below: (Click on the icon to view the adjusted trial balance) d the requirements Less Boston Advertising Services Adjusted Trial Balance December 31, 2018 Less Balance Credit $ Debit 14.400 14,300 Liabilities 6,400 18,300 51,500 $ 38,100 Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings 19,400 Stockholders' Equity 14,600 10,200 7 900 13,500 32.500 38,850 Print Done -X Data Table Land 18,300 51,500 $ 38,100 19,400 14,600 10,200 Building Accumulated DepreciationBuilding Furniture Accumulated Depreciation Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends 7,900 13,500 32,500 38,850 20,100 Service Revenue 40.100 Salaries Expense 26.000 Supplies Expensa 9,600 Depreciation Expense--Building Depreciation Expense-Furniture Advertising Expense 2,400 550 12,800 195,750 $ 195.750 Total Done
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