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create an income statement, statement of retained earnings, and classified balance sheet begin{tabular}{|l|r|r|} hline Account Description & Asset/Lab/Rev/Exp/Other & IncStmt,RE,orBalSheet hline Cash & $80,800

create an income statement, statement of retained earnings, and classified balance sheet
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\begin{tabular}{|l|r|r|} \hline Account Description & Asset/Lab/Rev/Exp/Other & IncStmt,RE,orBalSheet \\ \hline Cash & $80,800 & \\ \hline Long-term Notes Payable & 10,000 & \\ \hline Common Stock & 80,000 & \\ \hline Rent Expense - Office Space & 15,000 & \\ \hline Office Supplies & 3,000 & \\ \hline Service Revenue & 300,000 & \\ \hline Depreciation Expense - Store Equipment & 36,000 & \\ \hline Prepaid Insurance & 5,000 & \\ \hline Store Equipment & 250,000 & \\ \hline Interest Expense & 2,000 & \\ \hline Accumulated Depreciation,Store Equipment & 42,000 & \\ \hline Dividends & 4,000 & \\ \hline Salaries Payable & 6,000 & \\ \hline Accounts Receivable & 20,000 & \\ \hline Utilities Expense - Office Space & 8,000 & \\ \hline Retained Earnings, Beginning & 55,000 & \\ \hline Salary Expense & 60,000 & \\ \hline Accounts Payable & 18,000 & \\ \hline Advertising Expense & 26,000 & \\ \hline Maintenance \& Repairs Expense & 1,200 & \\ \hline \end{tabular}

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