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1 Data Table Requirements 1. Prepare the income statement for the year ended December 31, 2018 2. Prepare the statement of retained earnings for the
1 Data Table Requirements 1. Prepare the income statement for the year ended December 31, 2018 2. Prepare the statement of retained earnings for the year ended December 31, 2018 3. Prepare the classified balance sheet at December 31, 2018. Use the report form 4. Calculate the current ratio at December 31, 2018 5. Journalize and post the closing entries. Indicate the balance of the Retained Adjusted Trial Balance December 31, 2018 Balance Earnings account after the closing entries are posted. 6. Prepare a post-closing trial balance at December 31, 2018. Account Title Debit Credit S 14,000 7,200 300 35,000 48,000 Accounts Receivable Office Supplies Land Building Accumulated Furniture Accumulated Depreciation-Furnitu Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building PrintDone Building S 22,000 19,000 9,000 5,000 700 2,500 6,000 68,800 re 21,000 62,800 16,000 1,300 6,000 4,500 4,500 Advertising Expense S 176,800 S 176,800
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