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I need help with adjusted trial balance Question 1: Use the following Trial Balance to prepare: 1- Income statement 2- Retained earnings statement 3- Statement

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Question 1: Use the following Trial Balance to prepare: 1- Income statement 2- Retained earnings statement 3- Statement of financial position AL Hayat Company Adjusted Trial Balance 31 December 2017 Cr Dr 210,000 cash Accounts receivable Notes receivable Supplies Prepaid rent expense Building Accumulated depreciation- Building Accounts payable Notes payable Salaries Payable Interest payable Unearned revenue Share Capital Ordinary Retained earning Dividends Service revenue Salaries expense Rent expense 58,000 15,000 12,000 25,000 60,000 20,000 35,000 34,500 15,500 2,000 18,000 250,000 40,000 5,000 150,000 80,000 30,000 10,000 60,000 Interest expense 565,000 565,000 Question 2: Use the following Trial Balance to pr epare: 1- Income statement 2- Retained earnings statement 3- Statement of financial position AL Hayat Company Adjusted Trial Balance 31 December 2017 Cr Dr cash Accounts receivable Notes receivable 250,000 Supplies Prepaid rent e Building 58,000 15,000 12,000 25,000 60,000 20,000 Accumulated depreciation- Building Accounts payable Notes payable Salaries Payable Interest payable Unearned revenue Share Capital Ordina Retained earning Dividends Service revenue Salaries expense Rent expense Depreciation expense Interest expense 35,000 34,500 15,500 2,000 18,000 250,000 40,000 5,000 190,000 80,000 30,000 10,000 60,000 605,000 605,000

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