BBB Co. Adjusted Trial Balance at the end of fiscal year December 31 is as follows. Account Title Debit Credit Cash $ 9,800 Accounts receivable 16,500 office supplies 2,000 Bus 151,000 Accumulated depreciation-Bus $ 31,106 Land 75,000 Accounts payable 13,800 Interest payable 3,000 Long-term notes payable 52,000 Common stock -733 Retained earnings 140,000 Dividends 19,000 Travel fees earned 142,000 Depreciation expense-Bus 20,063 Salaries expense 66,598 office supplies expense 9,000 Repairs expense-Bus 12,212 Totals $381,173 $381, 173 At December 31 of the prior yeear, the Retained Earnings balance was $140,000 (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31. (3) Prepare the classified balance sheet for the year ended December 31 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for the year ended December 31. BBB Co. Income Statement For Year Ended December 31 Revenues Expenses Saved Ottice supplies expense Repairs expense-Bus Totals 9,000 12,212 $381,173 $381,173 At December 31 of the prior yeear, the Retained Earnings balance was $140,000. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31, (3) Prepare the classified balance sheet for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for the year ended December 31. BBB Co. Income Statement For Year Ended December 31 Revenues Expenses Total expenses 0 $ 0 Required Required 2 > At December 31 of the prior yeear, the Retained Earnings balance was $140,000 (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31, (3) Prepare the classified balance sheet for the year ended December 31 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the statement of retained earnings for the year ended December 31. BBB Co. Statement of Retained Earnings For Year Ended December 31 Retained earings, December 31 prior year 0 Retained earnings, December 31 current year $ 0 (Required 1 Required 3 > At December 31 of the prior yeear, the Retained Earnings balance was $140,000 (9) Prepare the income statement for the year ended December 31 (2) Prepare the statement of retained earnings for the year ended December 31 (a) Prepare the classified balance sheet for the year ended December 31 Complete this question by entering your answers in the tabs below. Required: Required 2 Required Prepared a classified balance sheet. Balance Sheet December 21 Liabilities Equity $ Required 2
