Exercise 132 The adjusted trial balance of Ryan Financial Planners appears below. Credit RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2017 Debit Cash $2,960 Accounts Receivable 2,130 Supplies 1,770 Equipment 16,700 Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Dividends 1,500 Service Revenue Supplies Expense 470 Depreciation Expense 2,420 Rent Expense 2,880 $30,830 $4,175 3,390 4,455 10,000 4,470 4,340 $30,830 Using the information from the adjusted trial balance, you are to prepare for the month ending December 31: 1. An income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45 RYAN FINANCIAL PLANNERS Income Statement 2. A retained earnings statement. RYAN FINANCIAL PLANNERS Retained Earnings Statement 3. A balance sheet. (List Assets in order of liquidity.) RYAN FINANCIAL PLANNERS Balance Sheet Assets Liabilities and Stockholders' Equity