1.you are to prepare for the month ending December 31: (use crane financial planners adjusted trial balance attached below)

(a) An income statement.(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

(b) A retained earnings statement.

(c) A balance sheet.(List Assets in order of liquidity.)

CRANE FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Cash Accounts Receivable Suppes Equipment Accumulated DepreciationEquipment Accounts Pavalale Unearned Service Revenue Common Stock Retained Earnings Dividends Service Revenue Supplies Expense Depreciation Expense Rent Expense $3 1,030 Debit $3,150 2,200 1,300 15,500 1,400 630 2,400 2,950 Credit $4,125 3,950 3,255 10,000 4,550 4,200 $3 1,030