* From the following adjusted trial balance, prepare simple financial statements, as follows:

Income Statement

Retained Earnings Statement

Balance Sheet

Adjusted Trial Balance
December 31, 2020
Account Title	Debit	Credit
Cash	$ 7,480.00
Accounts Receivable	3,700.00
Supplies	600
Furniture and Fixtures	3,000.00
Equipment	16,000.00
Accumulated Depreciation (Equipment)		$ 720.00
Accounts Payable		9,000.00
Utilities Payable		1,800.00
Loans Payable		12,000.00
Common Stock		13,200.00
Dividends	7,000.00
Service Revenue		9,850.00
Rent Expense	1,500.00
Salaries Expense	3,500.00
Telephone Expense	370
Utilities Expense	1,800.00
Supplies Expense	900
Depreciation Expense	720
Totals	$ 46,570.00	$ 46,570.00