From the information given below about the adjusted accounts of Ferb n Phineas Corporation, prepare the following on your own solution sheets:

1) an Income Statement, 2) a Statement of Retained Earnings, and 3) a Balance Sheet.

Be sure to label all three parts of the balance sheet!

Note: The accounts are in no particular order.

Retained Earnings 7,000

Salary Payable 500

Rent Expense 3,200

Cash 700

Prepaid Rent Expense 1,300

Revenues 30,000

Accounts Receivable 9,200

Equipment 21,000

Notes Payable 5,000

Inventory 200

Interest Receivable 100

Depreciation Expense 4,000

Accumulated Depreciation 8,000

Marketing Expense 5,100

Administrative Expense 2,100

Accounts Payable 3,400

Dividends 3,900

Interest Payable 600

Unearned Revenues 900

Salary Expense 6,200

Common Stock 7,600

Notes Receivable 6,000