_05, 6 P3-8A. Financial Statements and Closing Entries The adjusted trial bala n g Service as of December 31. Byran Fine made no capital contributions during the year. . .. Cash....... Accounts receivable..... Supplies ................ Prepaid insurance ........ Equipment ............ Accumulated depreciation-Equipment Accounts payable.. Long-term notes payable... Common stock. . . . . ... Retained earnings . . . . . . Dividends . . . . . . . . . . . Service fees earned ... Rent expense. Salaries expense ....... Supplies expense........ Insurance expense... Depreciation expense-Equipment... Interest expense.... Adjusted Trial Balance Debit Credit $ 2,700 3,270 5,060 1,500 6,400 $ 1,080 845 7,000 3,000 5,205 2,900 62,400 15,000 33,400 4,700 3,250 720 630 $79,530 $79,530 Totals ....... Chapter 3 Accrual Basis of Accounting Required a. Prepare an income statement and a statement of stockholders' equity for the year, and a balance sheet as of December 31. b. Prepare closing entries directly to Retained Earnings in general journal form