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Exercise 132 The adjusted trial balance of Ryan Financial Planners appears below. RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2017 Credit Debit Cash $2,800

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Exercise 132 The adjusted trial balance of Ryan Financial Planners appears below. RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2017 Credit Debit Cash $2,800 2,230 Accounts Receivable 1,880 Supplies Equipment 15,700 Accumulated Depreciation-Equipment $3,925 Accounts Payable 3,150 4,185 Unearned Service Revenue 10,000 Common Stock Retained Earnings 4,550 Dividends 1,500 Service Revenue 4,140 Supplies Expense 550 Depreciation Expense 2,310 Rent Expense 2,980 $29,950 $29,950 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 RYAN FINANCIAL PLANNERS Income Statement 2. A retained earnings statement. RYAN FINANCIAL PLANNERS Retained Earnings Statement Exercise 132 3. A balance sheet. (List Assets in order of liquidity.) RYAN FINANCIAL PLANNERS Balance Sheet Assets Liabilities and Stockholders' Equity Question Attempts: O of 1 used

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