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P4-29A Preparing financial statements including a classified balance sheet in report form, and preparing closing entries. The adjusted trial balance of Erickson Real Estate Appraisal

P4-29A Preparing financial statements including a classified balance sheet in report form, and preparing closing entries. The adjusted trial balance of Erickson Real Estate Appraisal at June 30, 2018, follows: ERICKSON REAL ESTATE APPRAISAL Adjusted Trial Balance June 30, 2018 1. 2. 3. Account Title Cash 4. Accounts Receivable Office Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Requirements Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Utilities Expense Depreciation Expense-Building Total $ Debit Balance 4,600 5,300 1,500 1,700 13,000 82,000 27,300 4,400 33,500 300 8,500 2,700 8,200 $ 193,000 Credit $ 25,200 18,700 8,500 2,400 7,600 40,000 3,000 39,500 48,100 $ 193,000 Prepare the company's income statement for the year ended June 30, 2018. Prepare the company's statement of retained earnings for the year ended June 30, 2018. Prepare the company's classified balance sheet in report form at June 30, 2018. Journalize the closing entries.
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P4-29A Preparing financial statements including a classified balance sheet in report form, and preparing closing entries. The adjusted trial balance of Erickson Real Estate Appraisal at June 30, 2018, follows: Requirements 1. Prepare the company's income statement for the year ended June 30, 2018. 2. Prepare the company's statement of retained earnings for the year ended June 30, 2018. 3. Prepare the company's classified balance sheet in report form at June 30, 2018. 4. Journalize the closing entries

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