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Testbank Exercise 132 The adjusted trial balance of Crane Financial Planners appears below. Credit CRANE FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Debit Cash $2,750 Accounts Receivable 2,200 Supplies 1,700 Equipment 16,600 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends 1,500 Service Revenue Supplies Expense 640 Depreciation Expense 2,500 Rent Expense 2.850 $30.740 $4,150 4,150 3,090 10,000 4,350 5.000 $30.740 Using the information from the adjusted trial balance, you are to prepare for the month ending December 31: 1. An income statement. (Enter negative amounts using either a negative slon preceding the number eg CRANE FINANCIAL PLANNERS Using the information from the adjusted trial balance, you are to prepare for the month ending December 31: 1. An income statement. (Enter negative amounts using either a negative sign preceding the number e.g. 456 CRANE FINANCIAL PLANNERS Income Statement $ 1 2. A retained earnings statement. CRANE FINANCIAL PLANNERS Retained Eamings Statement 2. A retained earnings statement. CRANE FINANCIAL PLANNERS Retained Earnings Statement 3. A balance sheet. (List Assets in order of liquidity.) CRANE FINANCIAL PLANNERS Balance Sheet Assets CRANE FINANCIAL PLANNERS Balance Sheet Assets Liabilities and Stockholders' Equity > Liabilities and Stockholders' Equity Click if you would like to show Work for this question: Quen Show Work

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