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Financial Statements LO 3.6 LO 3.7 Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Required: Prepare the following 2019

Financial Statements LO 3.6 LO 3.7 Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Required: Prepare the following 2019 items in proper form for Carolyn: 1. the income statement 2. the retained earnings statement 3. the ending balance sheet (Hint: The Common Stock, Additional Paid-in Capital, and Retained Earnings accounts are summed to determine the total shareholders' equity.) 4. the closing entries in the general journal

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