Adjusted trial balance to income statement, retained earnings and balance sheet

hanges NOTE: This is a DIFFERENT COMPANY. Using the trial balance below, complete Step Income Statement and prepare the Statement of Retained Earnings and Red Balance sheet on the pages which follow. To get full credit you must include all me Matteo lo critical subtotals. Jackson Company Adjusted Trial Balance December 31, 2015 DEBIT 1.900 2,460 CREDIT 670 200 20 3,000 150 10,720 1,970 600 670 20 50 1,400 7,600 800 3,160 Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies Inventory Prepaid Expenses Equipment Accumulated Depreciation Copyrights Accounts Payable Interest Payable Unearned Revenue Long Term Note Payable Common Stock Paid-in-Capital In Excess of Par-CS Retained Earnings (1/1/15) Dividends Sales Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad debt expense Depreciation Expense Amortization Expense Wages Expense Rent Expense Office Expense Supplies Expense Selling Expense Interest Expense Interest Revenue Income Tax Expense Totals 36,800 40 60 22,200 30 770 70 8,000 500 80 800 200 150 760 53,290 53,290 Page 7 of 9 (Be sure to Jackson Company Multi Step Income Statement For the year ended December 31, 2015 (Be sure to include all the necessary headings, totals and subtotals as outlined in Chapter 5. You may not need to use all the lines provided. Note: The two columns below do not represent debit and credit balances like they do on a trial balance. On the Income Statement, use the right column for subtotals and totals.) Jackson Company Statement of Retained Earnings For the year ended December 31, 2015 Page 8 of 9 Jackson Company Classified Balance Sheet December 31, 2015 re to include all the necessary subtotals and totals as outlined in Chapter 2. You may not need of the lines provided. Note: The two columns below do not represent debit and credit ces like they do on a trial balance. On the Balance Sheet, use the right column for subtotals and totals.) Page 9 of 9