Question: here is me posting the question again. let me know if you need anything else!! Tutor Principles of Accounting I Your Name: Date Score Points

here is me posting the question again. let me know if you need anything else!!
here is me posting the question again. let me know if you
need anything else!! Tutor Principles of Accounting I Your Name: Date Score
Points Chapter 1 (part 1 of 4) Submitted Initials Written Cycle Project

Tutor Principles of Accounting I Your Name: Date Score Points Chapter 1 (part 1 of 4) Submitted Initials Written Cycle Project Instructor: Version 10 Instructions: Below is the adjusted trial balance for Able Advertising Inc. (1) Prepare an Income Statement, Statement of Retained Earnings, and a Balance Sheet (2) Then prepare closing entries, post them to t-accounts, and prepare a post-closing trial balance. Able Advertising Inc Adjusted Trial Balance August 31, 20XX Income Statement $19000 3500 500 700 5000 Cash Accounts Receivable Prepaid Insurance Advertising Supples Equipment Accumulated Dep Accounts Payable Uneared Revenue Interest Payable Notus Payable Common Stock Retained Earings Dividends Advertising Revenue Depreciation Expense Insurance Expense Interest Expense Supplies Expense Utility Expense Totals $ 125 1100 5000 30 3000 10000 2000 14500 125 250 30 1300 750 $33755 Statement of Retained Earnings $33755 Balance Sheet General Journal PR Debit Date Account Credit Cash Accounts Receivable Prepaid Insurance $500 $19600 $3500 Advertising Supplies $700 Equipment $5000 Aocum Depr -Equip $125 Accounts Payable $1100 Unearned Revenue 55000 Interest Payable $30 Notes Payable $3000 Common Stock $10000 Retained Earnings $0 Dividends Advertising Revenue $14500 52000 Depreciation Expense $125 Insurance Expense $250 Interest Expense $30 Supplies Expense 51300 Utility Expense $750

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