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Balance Sheet Instructions: Below is the adjusted trial balance for Able Advertising Inc. (1) Prepare an Income Statement, Statement of Retained Eamings, and a Balance

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Balance Sheet Instructions: Below is the adjusted trial balance for Able Advertising Inc. (1) Prepare an Income Statement, Statement of Retained Eamings, and a Balance Sheet. (2) Then prepare closing entries, post them to t-accounts, and prepare a post-closing trial balance. Depreciation Expense $200 Supplies Expenso $1300 Retained Earnings Utility Expense 3650 \begin{tabular}{|l|l|} \hline \\ \hline \end{tabular}

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