31, 2024, and the data for the adjustments follow: C (Click the icon to view the adjusting data.) Read the requirements. - X ent of retair sed in the s ht mpleted in 31, 2024 Requirements 1. Prepare the adjusting entries and post to the accounts. T-accounts have been opened using the balances from the unadjusted trial balance. 2. Prepare an adjusted trial balance. 3. Complete the worksheet for the year ended December 31, 2024. 4. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form. 5. Prepare the closing entries, and post to the accounts. 6. Prepare a post-closing trial balance. 7. Calculate the current ratio for the company. Print Done The unadjusted trial balance of Whitticker Anvils at December 31, 2024, and the data for the adjustments follow: (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjusting data.) Read the fequirement. Requirement 4. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form. Begin by preparing the income statement. (If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Review the income Statement.columns of the worksheet.completed in Requirement.3. Whitticker Anvils Income Statement Month Ended December 31, 2024 Net Income (Loss) Data table mber 31, 2024, and Whitticker Anvils Unadjusted Trial Balance December 31, 2024 tement of retained ea Balance ot used in the stateme Account Title Debit Credit et completed in Requi Cash 10,300 nvils ement Accounts Receivable 15,500 Prepaid Rent 3,100 mber 31, 2024 Office Supplies 2,000 Equipment 32,000 Accumulated Depreciation-Equipment 7,000 Accounts Payable 6,300 Salaries Payable Unearned Revenue 5,400 Common Stock 15,000 Retained Earnings 17,500 Dividends 6,000 ng data.) Whitticker Anvils Worksheet (Partial) December 31, 2024 Income Statement Account Title Debit Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings mber 31, 2024, and Reference atement of retained ea not used in the stateme eet completed in Requi Anvils tement Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends ember 31, 2024 Service Revenue Salaries Expense Rent Expense Depreciation Expense Supplies Expense 22,800 3,460 100 400 1,700 5,660 $ 22,800 Net income or loss 17,140 22,800 $ 22,800 Print Done