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1) Prepare an income statement 2) Prepare and retained earnings statement 3) Prepare a classified balance sheet The adjusted trial balance columns of the worksheet

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1) Prepare an income statement
2) Prepare and retained earnings statement
3) Prepare a classified balance sheet
The adjusted trial balance columns of the worksheet for Pronghorn Company are as follows. Cash Pronghorn Company Worksheet (Partial) For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. 10,000 Accounts Receivable 7,500 Prepaid Rent 2,420 Equipment 22,700 Accumulated Depreciation-Equip. 5,500 Notes Payable 5,600 Accounts Payable 4,500 Common Stock 19,900 Retained Earnings 7,000 Dividends 3,600 Service Revenue 16,000 Salaries and Wages Expense 10,880 Rent Expense 750 Depreciation Expense Interest Expense Interest Payable 20 Totals 58,520 58,520 650 58,52058,520

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