The following is the Easton Company adjusted Trial Balance.Easton Company Adjusted Trial Balance December 31, 2018 AccountTitle Debit Credit Cash $88,665 Accounts Receivable 232,400Supplies 17,000 Equipment 395,000 Accumulated Depreciation $224,260Accounts Payable 72,555 Capital Stock 220,000 Retained Earnings127,145 Service Revenue 881,105 Interest Income 5,500 Dividends9,000 Rent Expense 59,500 Wages Expense 529,000 Supplies Expense42,000 Utilities Expense 8,000 Depreciation Expense 150,000________ Totals $1,530,565 $1,530,565 Use this information toprepare the Single-Step Income Statement for the fiscal year. Thereare additional lines in the formatted income statement form toallow for authorized alternate presentations.
