Exercise 3-31B (Static) Extending accounts to financial statement columns LO P8 The Adjusted Trial Balance columns of a work sheet for Planta Company follow. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Account Number, Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit 101 Cash $ 7,000 106 Accounts receivable 27,200 153 Trucks 42,000 154 Accumulated depreciation-Trucks $ 17,500 183 Land 32,000 201 Accounts payable 15,000 209 Salaries payable 4,200 236 Uneamed revenue 3,600 307 Common stock 10,000 318 Retained earnings 55,500 319 Dividends 15,400 403 Plumbing revenue 84,000 611 Depreciation expense-Trucks 6,500 622 Salaries expense 38,000 640 Rent expense 13,000 677 Miscellaneous expenses 8,700 Totals $ 189,800 $ 189,800 Net income