The adjusted trial balance of Personal Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December :

an income statement.

a balance sheet.

Personal Financial Planners

Adjusted Trial Balance

December

Debit Credit

Cash                                                                $

Accounts Receivable                                       

Supplies                                                            

Equipment

Accumulated DepreciationEquipment    $

Accounts Payable

Unearned Service Revenue                         

Owners Capital

Owners Drawings                                         

Service Revenue

Supplies Expense

Depreciation Expense                                 

Rent Expense

                                                                       $ $