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This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Retu 3 QS 3-19 (Algo) Preparing financial statements LO P5 The adjusted trial balance for Happ Company follows. Credit bebit $ 6,800 29,916 42,500 $ 17,085 30,000 Number 101 106 153 154 183 201 209 233 301 302 401 611 622 640 Adjusted Trial Balance December 31 Account Title Cash Accounts receivable Trucks Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned revenue E. Happ, Capital E. Happ, withdrawal Plumbing revenue Depreciation expense-Trucks Salaries expense Rent expense Totalo 15,844 3,624 3,024 66,884 15,310 62,000 5,695 29,016 9,424 $ 16B, 461 $ 168,461 a. Use the adjusted trial balance to prepare the December 31 year end income statement b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $66,884 on December 31 of the prior year, and there were no owner investments in the current year c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet mework Saved Check my work mode : This shows what is correct or incorrect for the work yo Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end income state HAPP COMPANY Income Statement For Year Ended December 31 $ 62,000 Revenues Plumbing revenue Expenses Salaries expense Rent expense Depreciation expense --Trucks 29,016 9,424 5,695 Total expenses Net income 44,135 17,865 $ Required A Required B Accounts payable Salaries payable Uneamed revenue 15,844 3,624 3,024 Total liabilities 22,492 Equity E. Happ, Capital 69,439 Total liabilities and equity 91,931