ABC Ltd. provides the following account balances at the end of the fiscal year, December 31, 2022:

Service Revenue: $15,000

Salaries Expense: $4,000

Rent Expense: $2,500

Utilities Expense: $600

Interest Expense: $200

Depreciation Expense: $1,000

Common Stock: $10,000

Retained Earnings: $7,500

Accounts Receivable: $2,000

Accounts Payable: $1,000

Cash: $500

Equipment: $5,000

Accumulated Depreciation: $2,000

Required:

Prepare an adjusted Trial Balance at December 31, 2022.

Prepare an Income Statement for the year ended December 31, 2022.

Prepare a Statement of Retained Earnings for the year ended December 31, 2022.

Prepare a classified Balance Sheet at December 31, 2022.