how do I layout and set up the required steps listed below. Thanking you in advance ! Brian

(1) How do develop an Income Statement from the material listed below?

(2) How do develop a Statement of Retained Earnings

(3) How do I develop a Balance Sheet

(4). What order do I start in? Income, then retained earnings and then balance sheet?

(5).

The following trial balance has been adjusted as of December 31, 20XX

Debits Credits

Cash $ 25,000 -

Accounts Receivable 6,000 -

Supplies Inventory 4,500 -

Prepaid Rent 18,000 -

Equipment 90,000 -

Accumulated Depreciation 2,500

Accounts Payable 6,000

Utilities Payable 4,000

Unearned Revenue 1,500

Interest Payable 150

Notes Payable 24,000

Common Stock 100,000

Service Revenue - 90,000

Wages Expense 35,000 -

Supplies Expense 20,000 -

Rent Expense 15,000 -

Miscellaneous Expense 2,000 -

Electricity Expense 2,400 -

Telephone Expense 1,500 -

Depreciation Expense 1,000 -

Interest Expense 250 -

Dividend 7,500 -

Total $ 228,150 $228,150