The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the...
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Accounting
The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:
1.
an income statement.
2.
a retained earnings statement.
3.
a balance sheet.
RYAN FINANCIAL PLANNERS
Adjusted Trial Balance
December 31, 2014
Debit
Credit
Cash
$ 3,400
Accounts Receivable
3,200
Supplies
1,800
Equipment
15,000
Accumulated DepreciationEquipment
$ 3,000
Accounts Payable
3,300
Unearned Service Revenue
5,000
Common Stock
10,000
Retained Earnings
4,400
Dividends
2,000
Service Revenue
5,200
Supplies Expense
600
Depreciation Expense
2,000
Rent Expense
2,900
______
$30,900
$30,900
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