Frank, Inc. December 31, 2017 Adjusted Trial balance Credit Debit 48,000 38,900 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Interest Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Eamings (1/1/2017) Dividends Sales Sales Returns & Allowances 2,000 50,000 1,350 5,000 52,000 6,500 16,000 37,000 12,000 28,000 14,000 2,000 55,000 114,000 2,500 2,000 519,500 13,000 3,000 59,500 5,000 19,000 2,600 102,000 25,000 195,000 16,000 Sales Discounts Cost of Goods Sold Delivery Expense Depreciation Expense Bad Debt Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Revenue 1,350 Loss on Disposal 7,000 2,500 44,000 750,350 750,350 Interest Expense Income Tax Expense Total on a trial balance. On the Balane Sheet, uze Frank Inc. Balance Sheet As of Dec. 31, 2017 ALL PAGES OF THIS DOCUMENT MUST BE UPLOADED TO D2L Part 2a: Prepare a Multi-step Income Statement (Be sure to include all the necessary headings, totals and subtotals as outlined in Chapter 5. You may not need to use all the lines provided. Note: The two columns below do not represent debit and credit balances like they do on a trial balance. On the Income Statement, use the right column for subtotals and totals.) Eank Inc. Income Statement Year Ended Dec. 31, 2017 vera Part 2b: Prepare a Statement of Retained Earnings. Frank Statement of Retained Eansnes Year Ended Dec. 31, 201 Inc