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Jenson's Service had the following financial information at the end of 2018. 1/1/18 2018 12/31/18 $19,000 25,000 $1,000 16,000 15,000 9,000 Accounts Payable Accounts Receivable

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Jenson's Service had the following financial information at the end of 2018. 1/1/18 2018 12/31/18 $19,000 25,000 $1,000 16,000 15,000 9,000 Accounts Payable Accounts Receivable Advertising Expense Cash Common Stock Dividends Equipment Notes Payable Rent Expense Retained Earnings Salaries and Wages Expense Service Revenue Utilities Expense 38,000 20,000 3,500 $6,000 20,000 55,000 2,500 Instructions: Prepare a 2018 income statement, 2018 retained earnings statement, and a 12/31/18 balance sheet for Jenson Service

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