Consider the unadjusted trial balance of Spateness, Ins, at December 31, 2023, and the related month-end adjustment data Click the icon to view the month end adjustment data) Requirements 1. Prepare the adjusted trial balance of Spateness, Inc. at December 31, 2023. The unadjusted batances have been entered for you. Kay each adjusting entry by letter 2. Prepare the single-step monthly income statement, the statement of retained eamings, and the classified balance sheet ate More info sta - X Adjustment data at December 31, 2023: a. Accrued service revenue at December 31, $3,910. b. Prepaid rent expired during the month. The unadjusted prepaid balance of $2,400 relates to the period December 1, 2023 through February 28, 2024. re ald c. Supplies used during December, $1,480. Tr d. Depreciation on furniture for the month. The estimated useful life of the furniture is five years. e. Accrued salary expense at December 31 for Monday, Tuesday and Wednesday. The five-day weekly payroll of $20,000 will be paid on Friday. For the purpose of this calculation, assume December 31 falls on a Wednesday. ach adju De 1,900 Print Done Requirement 1. Using the worksheet prepare the adjusted al balance of Spateness, Inc, at December 31, 2023. The unadjusted balances have been entered for you. Kay each adjusting entry by letter Calculate the debts and credits. Then calculate the austed belance of each account and total the debit and credit columns in the adjusted Spateness, Inc Trial Balance Work Sheet December 31, 2023 Trial Balance blance Adjustments Adjusted Trial Balance Account Debit Credit Debit Credit Debit Credit Cash 8.000 Accounts receivable 1.800 Prepaid rent Supples Fumur 2,400 1,900 72.000 Acoimuned depreciation-fumiture 3,000 3.300 Acourts payable Salary payable Common stock 13.000 Retained eaminge 53,020 Dividends 4.300 21,000 Service revenue Salary expense 1.200 Rentexpense Les experie Depreciabon expense Supples expense Total 520 93.920 90920 Requirement 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Begin by preparing the income statement. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zero.) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Income Statement Month Ended December 31, 2023 Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.) Review the adjusted trial balance completed in Requirement 1. Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.)) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Statement of Retained Earnings Month Ended December 31, 2023 Add: Subtotal Less: Finally, prepare the balance sheet. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zero.) Finally, prepare the balance sheet. (If an input field is not used in the statement leave the field empty, do not select a label or enter a zero.) Review the adjusted trial balance completed in Requirement 1. Spateness, Inc. Less: Balance Sheet December 31, 2023 Assets Liabilities Stockholders' Equity