I finished the 1st and 4th part, but I'm not sure if I need to add more to the 2nd part. And how do I do the 3rd part? please help 
Return to question 9 The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. 1 1 points Number 101 126 128 167 168 173 174 183 201 203 208 210 213 236 251 307 318 319 403 496 409 606 612 623 633 637 640 652 683 TYBALT CONSTRUCTION Adjusted Trial Balance December 31 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Building Accumulated depreciation-Building Land Accounts payable Interest payable Rent payable Wages payable Property taxes payable Unearned revenue Long-term notes payable Common stock Retained earnings Dividends Services revenue Rent revenue Interest revenue Depreciation expense-Building Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Totals Debit Credit $ 6,500 31,400 8.400 45,000 $ 22,500 174,000 58,000 56,590 17,000 2,480 3,280 2,600 800 15,700 59,500 6,500 124,989 10,400 104,000 15,500 5,300 12,760 6,750 41,400 4,500 8,100 11,900 7,200 3,000 $ 437,900 $ 437,989 Return to question 4. YUIS C. 9 Prepare the income statement for the current year ended December 31. 1 1 points TYBALT CONSTRUCTION Income Statement For Year Ended December 31 Revenues Services revenue Rent revenue Interest revenue 104,000 15,500 5,300 S 124,800 Total revenues Expenses Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Depreciation expense Building Depreciation expense Equipment OOOOOOOO 41,400 4,500 8,100 11,900 7,200 3,000 12,760 6,750 Total expenses Net Income 95,610 29,190 S Return to question 9 The Retained Earnings account balance was $124,900 on December 31 of the prior year. 1 points Required: 1a. Prepare the income statement for the current year ended December 31. 1b. Prepare the statement of retained earnings for the current year ended December 31. 1c. Prepare the classified balance sheet at December 31 of the current year. 2. Prepare the necessary closing entries at December 31 of the current year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 Required 2 Prepare the statement of retained earnings for the current year ended December 31. TYBALT CONSTRUCTION Statement of Retained Earnings For Year Ended December 31 Retained earings, December prior year Add: Net income $ 124,900 29,190 154,090 Less: Dividends Retained earnings, December current year $ 154,090 Return to question 9 Required 1A Required 1B Required 1C Required 2 Prepare the classified balance sheet at December 31 of the current year. 1 points TYBALT CONSTRUCTION Balance Sheet December 31 S Current assets Cash Supplies Prepaid insurance OOO 6,500 31,400 8,400 Total current assets S 46,300 Land X 66,590 (66,590) 0 (66,590) (20,290) Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Land X 66,590 % (66,590) 0 1 points S (66,590) (20,290) S 0 0 0 0 Return to question 9 Required 1A Required 1B Required ic Required 2 Prepare the necessary closing entries at December 31 of the current year. No Date 1 points General Journal Credit 1 December 31 Services revenue Rent revenue Interest revenue Debit 104.000 15,500 5,300 Income summary 124,800 2 December 31 95.610 Income summary Depreciation expense Building Depreciation expense-Equipment Wages expense Interest expense 12,760 6,750 41,400 4,500 8,100 11,900 7,200 3,000 Insurance expense Rent expense OOOO Supplies expense Property taxes expense 3 December 31 29,190 Income summary Retained earnings 29,190 4 December 31 Retained earnings Dividends
