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All info is presented The adjusted trial balance of Sand Financial Planners appears below. Credit SANDHILL FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Debit
All info is presented
The adjusted trial balance of Sand Financial Planners appears below. Credit SANDHILL FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Debit Cash $3,850 Accounts Receivable 2.200 Supplies 1.800 Equipment 16.500 Accumulated Depreciation Equipment Accounts Payable Uneared Service Revenue Common Stock Retained Earnings Dividends 1.400 Service Revenue Supplies Expense 560 Depreciation Expense 2.400 2.950 $31.660 $4.125 3.650 4.935 10.000 4.450 4.500 Rent Expense $31,660 Using the information from the adjusted trial balance, you are to prepare for the month ending December 31 1. An income statement. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es. (451) SANDHILL FINANCIAL PLANNERS Income Statement $ $ 2. A retained earnings statement. SANDHILL FINANCIAL PLANNERS Retained Earnings Statement $ $ $ SANDHILL FINANCIAL PLANNERS Balance Sheet Assets $ $ Liabilities and Stockholders' Equity s Step by Step Solution
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