given the following account information prepare a balance sheet in report form for the company as of December 31, 2018. all accounts have normal balances

1 what is net income?

2 what is ending retained earnings?

3 create a classified balance sheet

V PrB-Given the following count information Given the following account information for Manhattan Corporation, prepare a balance sheet in report form for the company as of December 31, 2018. All accounts have normal balances 1. What is net income? (calculate the amount) 2. What is ending retained earnings? (Calculate the amount) 3. Create a Classified Balance Sheet below or on the next page. Accounts Receivable Accumulated Depr.- Bid Accumulated Depreciation Equip Advertising Expense Bonds Payable Buildings Cash Common Stock Depreciation Expense Dividends paid Equipment Income Taxes Payable Interest Expense Interest Payable Land Notes Payable (due in 6 months) Prepaid Advertising Retained Earnings, Jan 1 Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Utilities Expense 102.000 15,000 30,000 1,600 80.000 180,000 145,000 300,000 8.000 50,000 100,000 9,400 3,000 600 250.000 29,000 5,000 89,000 55,000 1,000 350,000 2,000