or par Brinney Irrigation System Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit $ 12,500 51,000 8,100 5,800 62,000 $ 25,300 21,000 6,600 36,100 Cash Accounts Receivable Office Supplies Prepaid Insurance Building Accumulated Depreciation-Building Equipment Accumulated Depreciation--Equipment Accounts Payable Interest Payable Salaries Payable Uneamed Revenue Notes Payable (long-term) 2024 En Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense 2,000 3,500 1.400 6,700 18.000 12,000 below the subto 2,000 75,200 1,500 16.900 Print Done Done tion a LG Data Table Casn 3 12,500 Accounts Receivable 51.000 or par 8,100 5.800 62.000 $ 25,300 Office Supplies Prepaid Insurance Building Accumulated Depreciation Building Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable 21,000 6,600 36.100 2,000 3,500 Unearned Revenue 1,400 6.700 18.000 12.000 2,000 75,200 Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense-Equipment Depreciation Expense Building 1,500 16,900 . Ent below the 1,000 2.000 1,900 1.100 $ Total 186,800 $ 186,800 Print Done in the statement, leave the box empty, do not select a label or enter a zero. Use a minus s Requirements year ended 1. Prepare the company's income statement for the year ended December 31, 2024. 2. Prepare the company's statement of retained earnings for the December 31, 2024 3. Prepare the company's classified balance sheet in report form at December 31, 2024. 4. Journalize the closing entries for Brinney Irrigation System 5. Compute the company's current ratio at December 31, 2024. At December 31, 2023, the current ratio was 1.9. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Print Done nter any increases in retained eamings prior to the suprotan and any decreases to retained earnings be Requirement 1. Prepare the company's income statement for the year ended December 31, 2024. (fa box is not used in the statement, leave the box emply, do not select a label or entera Brinnelition System Income Statement Year Ended December 31, 2024 Recommend to the year anded December 2013 desencada Berg Year O LG Q W CAL D F G H Shirt Z V B Net Income Los Requirement. 2. Prepare the company's statement of retained earnings for the year ended December 31, 2024 Enter any increases in retained eamings prior to the subtotal and Brinney Irigation System Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 Ruined Earrings December 31, 2024 Requirement. Prepare the company's wedbace shot in report format December 312024 Tabox is not used in the balance have the box emply do not selecta labor Brimney Inligion System Bulmace Shoot December 31, 2004 O LG Tab Q W E R Caps Lock . S D F G H Requirement 3. Prepare the company's cassied balance sheet in report form at December 31, 2024. (1f a box is not used in the balance sheet, teave the box empt Brinney Irrigation System Balance Sheet December 31, 2024 Assets Les behandex OB LG Tab Q w E Caps Lock A S D F G H Read the MADE Less Less Liabilities Stockholders' Equity Requirement. Joure the closing enties for Briey Irrigation System (Record debits first, then credits. Select the explanation on the last line of Sut by designs Account and Explanation Debe Credit Choose from any stor enter any number in the input fields and then continue to the next question Type here to search O i equirement 4. Journalize the closing entries for Brinney Irrigation System. (Record debts first, then credits Select the explanation on the last line of the journal Start by dosing revenues Accounts and Explanation Debit Credit Date Dec 31 Clos (1) Close expenses for the period. Date Accounts and Explanation Debit Credit Dec 31 Clos 2 Close Income Summary Accounts and explanation Credit Dee Choose nenumber in the hand hence to the question Tweets D LG 45 Read the Close Income Summary Date Accounts and Explanation Debit Credit Dec 31 Clos Close Dividends Date Accounts and Explanation Debit Credit Dec 31 Requirements. Com the company's curreno December 31, 2024. A December 31, 2003, the current was 19 Did the company's to pay debe impro Select the enter the amounts and compute the current (Round your answers to decimal places) Current Choose from worden themes and then continue to the next question LG Please answer the question in full if you know how to do it! Please allign the answers how the question is so it's not confusing for me to figure out where it goes! I will give thumbs up if the answers are correct! If you have trouble reading any of the images please let me know so that I can post another picture! Thank you