Adjustment data at December 31, 2023: a. Accrued service revenue at December 31, $3,900. b. Prepaid rent expired during the month. The unadjusted prepaid balance of $2,700 relates to the period December 1, 2023 through February 28, 2024. c. Supplies used during December, $1,860. d. Depreciation on furniture for the month. The estimated useful life of the furniture is five years. e. Accrued salary expense at December 31 for Monday, Tuesday and Wednesday. The five-day weekly payroll of $25,000 will be paid on Friday. For the purpose of this calculation, assume December 31 falls on a Wednesday. Consider the unadjusted trial balance of Spateness, Inc. at December 31, 2023, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Spateness, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Requirement 1. Using the worksheet, prepare the adjusted trial balance of Spateness, Inc., at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letter. Calculate the total debits and credits. Then calculate the adjusted balance of each account and total the debit and credit columns in the adjusted trial balance, Spateness, Inc. Trial Balance Work Sheet December 31, 2023 Trial Balance Adjustments Debit Credit Debit Credit 8,200 Adjusted Trial Balance Debit Credit Account Cash 2,000 2,700 2,200 81,000 Accounts receivable Prepaid rent Supplies Furniture Accumulated depreciation-furniture Accounts payable Salary payable Common stock 3,300 3,100 12,000 Common stock 12,000 Retained earnings 57,240 Dividends 4,400 Service revenue 28,000 Salary expense 2,600 Rent expense Utilities expense 540 Depreciation expense-furniture Supplies expense 103,640 103,640 Total Requirement 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Begin by preparing the income statement. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zero.) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Income Statement Month Ended December 31, 2023 Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Statement of Retained Earnings Month Ended December 31, 2023 Add: Subtotal Less: Finally, prepare the balance sheet. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zero.) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Balance Sheet December 31, 2023 Assets Liabilities Stockholders' Equity Less