Alphas Graphics was organized on January 1, 2020, by Gabriel Alpha. At the end of the first 6 months of operations, the trial balance contained the following accounts.

Debits				Credits
Cash		8,700		Notes Payable		20,000
Accounts Receivable		14,000		Accounts Payable		8,900
Equipment		45,000		Share CapitalOrdinary		22,000
Insurance Expense		3,000		Service Revenue		58,700
Salaries and Wages Expense		29,700
Supplies Expense		3,700
Advertising Expense		2,000
Rent Expense		1,700
Utilities Expense		1,800
		109,600				109,600

Analysis reveals the following additional data.

1.		The 3,700 balance in Supplies Expense represents supplies purchased in January. At June 30, 1,500 of supplies are on hand.
2.		The note payable was issued on February 1. It is a 9%, 6-month note.
3.		The balance in Insurance Expense is the premium on a one-year policy, dated April 1, 2020.
4.		Service revenues are credited to revenue when received. At June 30, services revenue of 1,200 are unearned.
5.		Revenue for services performed but unrecorded at June 30 totals 1,600.
6.		Depreciation is 2,300 per year

a- Prepare an adjusted trial balance. (ALPHA GRAPHICS Adjusted Trial Balance)

b. Prepare an income statement for the 6 months ended June 30. c. Prepare an retained earnings statement for the 6 months ended June 30.

d. Prepare a statement of financial position at June 30. (List Current Assets in reverse order of liquidity.)