Instructions Lamp Light Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Lamp Light Company prepared the following end-of-period spreadsheet at December 31, 2018, the end of the fiscal year: Lamp Light Company End-of-Period Spreadsheet For the Year Ended December 31, 2018 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Title Dr. Cr. Dr. DE Cr. Cash 10,800.00 10,800.00 Accounts Receivable 38,900.00 (a) 11,300.00 50,200.00 Prepaid Insurance 4,200.00 (b) 3,000.00 1,200.00 Supplies 2,730.00 (c) 2,250.00 480.00 Land 98,000.00 98,000.00 Calculator eBook Show Me How ancierstatements and cus C Instructions | Chart of Accounts Labels and Amount Descriptions Income Statement Instructions Land 98,000.00 98,000.00 Building 400,000.00 400,000.00 Accumulated Depreciation-Building 205,300.00 (d) 10,100.00 215,400.00 Equipment 101,000.00 101,000.00 Accumulated Depreciation-Equipment 85,100.00 (e) 6,680.00 91,780.00 Accounts Payable 15,700.00 15,700.00 Salaries and Wages Payable (1)4,900.00 4,900.00 Uneamed Rent 2,100.00 (g) 1,300.00 800.00 Common Stock 75,000.00 75,000.00 Retained Earnings 128,100.00 128,100.00 Dividends 10,000.00 10,000.00 Fees Eamed 363,700.00 (a) 11,300.00 375,000.00 Rent Revenue (9) 1,300.00 1,300.00 k My World Tema Labels and Amount Descriptions Income Statement Instructions Chart of Accounts Instructions (9) 1,300.00 1,300.00 Rent Revenue Salaries and Wages Expense 168,000.00 163,100.00 (4,900.00 21,700.00 Advertising Expense 21,700.00 11,400.00 11,400.00 Utilities Expense (d) 10,100.00 10,100.00 Depreciation Expense-Building 8,850.00 Repairs Expense 8,850.00 (e) 6,680.00 6,680.00 Depreciation Expense-Equipment (b) 3,000.00 3,000.00 Insurance Expense (c) 2,250.00 2,250.00 Supplies Expense Miscellaneous Expense 4,320.00 875,000.00 4,320.00 907,980.00 907,980.00 875,000.00 39,530.00 39,530.00 Required: 1. Prepare an income statement for the year ended December 31, 2018. If a net loss has been incurred, enter that amount as a negative number Instructions Miscellaneous Expense 4,320.00 4,320.00 875,000.00 875,000.00 39,530.00 39,530.00 907,980.00 907 980.00 Required: 1. Prepare an income statement for the year ended December 31, 2018. If a not loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons() on the income statement 2. Prepare a retained earnings statement for the year ended December 31, 2018. If a ner loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. 3. Prepare a balance sheet as of December 31, 2018. Fixed assets must be entered in order according to account number. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Refer to the Chart of Accounts for exact wording of account titles. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Based upon the end-of-period spreadsheet, journalize the closing entries. Refer to the Chart of Accounts for exact wording of account titles 5. Prepare a post-closing trial balance