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At the end of the fiscal year, December 31, 2021, the following account balances were provided by Theta Corporation: Service Revenue: $21,000 Salaries Expense: $4,500


At the end of the fiscal year, December 31, 2021, the following account balances were provided by Theta Corporation:

Service Revenue: $21,000

Salaries Expense: $4,500

Rent Expense: $2,000

Utilities Expense: $800

Interest Expense: $250

Depreciation Expense: $1,300

Common Stock: $11,000

Retained Earnings: $8,500

Accounts Receivable: $2,800

Accounts Payable: $1,300

Cash: $1,700

Equipment: $6,000

Accumulated Depreciation: $2,200

Required:

Prepare an adjusted Trial Balance at December 31, 2021.

Prepare an Income Statement for the year ended December 31, 2021.

Prepare a Statement of Retained Earnings for the year ended December 31, 2021.

Prepare a classified Balance Sheet at December 31, 2021.

Prepare a Cash Flow Statement for the year ended December 31, 2021.

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