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Martinez Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below. Martinez Company Adjusted Trial Balance July 31, 2019 No. Account Titles Debit Credit 101 Cash $8,500 112 Accounts Receivable 8,800 157 Equipment 15,500 158 Accumulated Depreciation-Equip. $7,800 201 Accounts Payable 4,700 208 Unearned Rent Revenue 2,500 311 Common Stock Comi 17,700 Retained Earnings 25,400 332 Dividends 16,000 Service Revenue 63,000 429 Rent Revenue 6,500 711 Depreciation Expense 7,000 Salaries and Wages Expense 56,300 726 732 Utilities Expense 15,500 $127,600 $127,600 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Martinez Company Income Statement July 31, 2019 Revenues Service Revenue 6300 Rent Revenue 650 Total Revenues Expenses Depreciation Expense 700 Salaries and Wages Expense 5630 Utilities Expense 1550 Total Expenses Net Income /(Loss) Prepare a retained earnings statement for the year. Martinez Company Retained Earnings Statement July 31, 2019 Retained Earnings, July 7900 Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Martinez Company Balance Sheet Assets Liabilities and Stockholders' Equity Martinez Company ended its fiscal year on July 31, 2019. The company's adjusted trial balance as of the end of its fiscal year is shown below. Martinez Company Adjusted Trial Balance July 31, 2019 No. Account Titles Debit Credit 101 Cash $8,500 112 Accounts Receivable 8,800 157 Equipment 15,500 158 Accumulated Depreciation-Equip. $7,800 201 Accounts Payable 4,700 208 Unearned Rent Revenue 2,500 311 Common Stock Comi 17,700 Retained Earnings 25,400 332 Dividends 16,000 Service Revenue 63,000 429 Rent Revenue 6,500 711 Depreciation Expense 7,000 Salaries and Wages Expense 56,300 726 732 Utilities Expense 15,500 $127,600 $127,600 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Martinez Company Income Statement July 31, 2019 Revenues Service Revenue 6300 Rent Revenue 650 Total Revenues Expenses Depreciation Expense 700 Salaries and Wages Expense 5630 Utilities Expense 1550 Total Expenses Net Income /(Loss) Prepare a retained earnings statement for the year. Martinez Company Retained Earnings Statement July 31, 2019 Retained Earnings, July 7900 Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Martinez Company Balance Sheet Assets Liabilities and Stockholders' Equity

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