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Boston Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ Accounts Receivable Office Supplies 14,300 16,100 6,300 18,500 48,500

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Boston Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ Accounts Receivable Office Supplies 14,300 16,100 6,300 18,500 48,500 Land $ 35,700 17,600 Building Accumulated DepreciationBuilding Furniture Accumulated DepreciationFurniture Accounts Payable Salaries Payable Unearned Revenue 14,300 10,400 8,000 17,500 32,800 30,000 Common Stock Retained Earnings Dividends 17,200 40,900 29,000 8,300 Service Revenue Salaries Expense Supplies Expense Depreciation ExpenseBuilding Depreciation ExpenseFurniture Advertising Expense 3,000 800 10,000 $ 189,600 $ 189,600 Total Requirements 1. Prepare the income statement for the year ending December 31, 2018. 2. Prepare the statement of retained earnings for the year ending December 31, 2018. 3. Prepare the classified balance sheet as of December 31, 2018. Use the report form. Print Done Requirement 1. Prepare the income statement for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Boston Advertising Services Income Statement Year Ended December 31, 2018 Net Income (Loss) Requirement 2. Prepare the statement of retained earnings for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss.) Boston Advertising Services Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Retained Earnings, December 31, 2018 Less: Liabilities Stockholders' Equity

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