The adjusted trial balance for Green Advertising Services is presented below:

Requirements
1. Prepare the income statement for the year ending December 31, 2018.
2. Prepare the statement of retained earnings for the year ending December 31, 2018.
3. Prepare the classified balance sheet as of December 31, 2018. Use the report form.

Transcribed Image Text:

GREEN ADVERTISING SERVICES Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit $ 14,000 Cash Accounts Receivable 15,800 Office Supplies 6,500 Land 18,400 Building 47,900 Accumulated Depreciation-Building $ 36,100 Furniture 19,600 Accumulated Depreciation-Furniture 14,100 Accounts Payable 10,600 7,200 Salaries Payable Unearned Revenue 16,000 Common Stock 30,000 Retained Earnings 31,400 Dividends 18,300 Service Revenue 49,800 Salaries Expense 28,600 Supplies Expense 8,400 2,900 Depreciation Expense-Building Depreciation Expense-Furniture 1,300 Advertising Expense 13,500 $ 195,200 $ 195,200 Total