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From the following Company A adjusted trial balance, prepare simple financial statements, as follows: Adjusted Trial Balance Debit Credit Cash $45,000 Accounts Receivable 11,300 Prepaid

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From the following Company A adjusted trial balance, prepare simple financial statements, as follows: Adjusted Trial Balance Debit Credit Cash $45,000 Accounts Receivable 11,300 Prepaid Insurance 144.800 Accounts Payable $10,800 Salaries Payable Common Stock 14,000 25,000 Service Revenue Administrative Expenses 64,000 42,700 $113,800 $113,800 A. Prepare an income statement for Complany A. Company A Income Statement For the Year Ended December 31, 20XX Revenues: Service Revenue 6,000 | Expenses: Administrative Expenses 42.700 Net Income 21,300 Feedback B. Prepare a statement of retained earnings for Company A. If an amount box requires zero, enter"0" Company A Retained Earnings Statement For the Year Ended December 31, 20XX Retained Earnings, Balance January 1 S 21.300 X Feedback Checy Work B. Which figure from the income statement flows to the retained earnings statement? C. Prepare a balance sheet for Company A. Company A Balance Sheet December 31, 20XX Assets Total Assets Liabilities Previous Next Check My Work C. Prepare a balance sheet for Company A. Company A Balance Sheet December 31, 20XX Assets Total Assets Liabilities Total Liabilities Equity 8 Total Equity Total Liabilities and Equity

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