Question: I finished the first two boxes and they are correct. Please help me finish the last box! Thank you. The adjusted trial balance for Party



I finished the first two boxes and they are correct. Please help me finish the last box! Thank you.
The adjusted trial balance for Party Planner Catering, Inc., is presented below. Prepare the income statement and statement of retained earnings for Party Planner Catering, Inc., for the month ended December 31, 2018. Also prep sheel at December 31, 2018 (Click the icon to view the adjusted trial balance.) x Data table ALLOUT VIGVIS Cash $ $ Prepare the income statement. (If a box is not used in the statement, leave the box empty; do no 15,500 4.500) Party Planner Catering, Inc. 800 Income Statement For the Month Ended December 31, 2018 25,100 $ 6,800 Revenue: 2.600 Service revenue $ 22,500 $ Accounts receivable Supplies Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Unearned service revenue Common stock Retained earnings Dividends 1,500 Expenses: 1,000 S S 1,200 Supplies expense Salaries expense 10,000 12,900 Rent expense Depreciation expense, equipment , 5,000 2,000 1,200 2,000 Service revenue 22,500 5,000 Total expenses 9,400 Salaries expense Rent expense Depreciation expense, equipment $ 13,100 2,000 1,200 Net income (loss) 1,200 Now, prepare the statement of retained earnings. Supplies expense $ 57,300 $ 57,300 Total Party Planner Catering, Inc. Statement of Retained Earnings - X cember 31, 2018. Also prepare The adjusted trial balance for Party Planner Catering, Inc., is presented below. Prepare the income state sheet at December 31, 2018. (Click the icon to view the adjusted trial balance.) Data table RECOIT WENIS VIGUIE Cash $ Depreciation expense, equipment 1,200 15,500 4,500 800 Total expenses 9,400 25,100 $ $ 13.100 6,800 Net income (loss) () 2,600 Now, prepare the statement of retained earnings Accounts receivable Supplies Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Uneamed service revenue Common stock Retained earnings Dividends 1,500 1,000 10,000 Party Planner Catering, Inc. Statement of Retained Earnings For the Month Ended December 31, 2018 Retained Earnings, December 1, 2018 $ 12.900 12,900 2,000 Add: Net income 13,100 Service revenue 22,500 Subtotal 26,000 5.000 Salaries expense Dividends 2,000 Rent expense Less: 2,000 $ 24,000 Depreciation expense, equipment Retained Eamings, December 31, 2018 1,200 1,200 Supplies expense $ 57,300 $ 57,300 Prepare the balance sheet. (For the asset portion of the statement, select the fixed asset account(s) las , s Party Planner Catering, Inc. Total Balance Sheet N mnd Data table The adjusted trial balance for Party Planner Catering, Inc., is presented below. Prepare the income statement and statement of retained earnings for Party sheet at December 31, 2018 (Click the icon to view the adjusted trial balance.) RULUI UCUS CUTE Cash $ I 15,500 4,500 800 Subtotal Accounts receivable Supplies 26,000 2.000 25,100 Less: Dividends Retained Eamings, December 31, 2018 $ 24.000 $ 6,800 Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Uneamed service revenue 2,600 Prepare the balance sheet. (For the asset portion of the statement, select the fixed asset account(s) last.) 1,500 Party Planner Catering, Inc. Balance Sheet 1,000 10,000 12,900 Common stock Retained eamings Dividends December 31, 2018 Assets Liabilities 2,000 Cash 15500 Service revenue 22,500 Accounts receivable 4500 5,000 Supplies 800 Salaries expense Rent expense 25100 Total liabilities Equipment Less: Accumulated depreciation, equipment Depreciation expense, equipment 2,000 1,200 1,200 6800 Stockholders' Equity Supplies expense $ Total 57,300 S 57,300 Total stockholders' equity Total assets Total liabilities and stockholders' equity ( Print Done
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