Calculator Financial statements Instructions Labels and Amount Descriptions Income Statement Retained Earnings Statement Balance Sheet Final Question Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $1,341,000 on January 1, 2018, the beginning of the year. During the year, dividends of $75,000 were paid. Accounts payable Accounts receivable Cash Common stock Fees earned Land Miscellaneous expense Rent expense Supplies Supplies expense $ 69,500 236,500 190,500 450,000 383,500 1,500,000 14.500 22.500 7.000 11,300 Wages expense 16,700 170,000 Required: 1. Prepare an income statement for the year anded December 31, 2018. Refer to the Accounts given in the instructions and to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for rent entries. Be sure to complete the statement heading a net loss is incurred, enter that amount as a negative number using a minus sign. A colon) will automatically appear it is required 2. Prepare and moment for the year ended December 31, 2018 Refer to the Accounts given in the instructions and to the isso Label and Amount Descriptions provided for the exact wording of the answer choice for Be sure to complete retomar heading. I anetos incurred or dividende wereld enter the amount as a negative number sing as the word Tesorar is not needed in the Retained Eaminas Statement instructions Labels and Amount Descriptions Income Statement Instructions Income Statement Th ea 1. Prepare an income statement for the year ended December 31, 2018. Refer to the Acce provided for the exact wording of the answer choices for text entries. Be sure to complete t number using a minus sign. A colon () will automatically appear if it is required. Journey Travel Agency Income Statement 1 (Label) 2 (Label) 3 5 7 Amorsaved 2 8 Instructions Labels and Amount Descriptions Income Statement Retained Es Instructions Income Statement TH Retained Earnings Statement ea 1. pre 2. Prepare a retained earnings statement for the year ended December 31, 2018. Refer to the Accounts g nu Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the enter that amount as a negative number using a minus sign. The word "Loss" or "Add" is not needed in the Journey Travel Agency Retained Earnings Statement (Label) 1 2 2 9 MacBook Air actions Labels and Amount Descriptions Instructions Income Statement Th Retained Earnings Statement ea Balance Sheet 1. pre 2 nu De 3. Prepare a balance sheet as of December 31, 2018. Refer to the en wording of the answer choices for text entries. Be sure to complete tr 1 Journey Travel Agency Balance Sheet Assets (Label) Amount Descriptions tructions Income Statement Retained Earnings Statement Income Statement Retained Earnings Statement Balance Sheet Final Question Balas 1. po 2 nu D3 ont wc 4. What hem appears on both the retained earnings statement and the balance sheet? MacBook Air tv 80 F3 000 000 FS % F7 DU 4 Fa