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Photo Gallery works weddings and prom-type parties. The balance of retained earnings was $10,000 at December 31, 2017. At December 31, 2018, the business's accounting

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Photo Gallery works weddings and prom-type parties. The balance of retained earnings was $10,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Pre C. a. Prepare Photo Gallery's income statement. (If a box is not used in the table leave the box empty; do not select a label or enter Net Income b. Prepare Photo Gallery's statement of retained eamings. Choose from any list or enter any number in the input fields and then continue to the next question. Photo Gallery works weddings and prom-type parties. The balance of retained earnings was $10,000 at Dec 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Ner income b. Prepare Photo Gallery's statement of retained earnings. Retained Earnings, December 31, 2017 Retained Earnings, December 31, 2018 c. Prepare Photo Gallery's balance sheet. (If a box is not used in the table leave the box empty; do not select a Assets Liabilities Choose from any list or enter any number in the input fields and then continue to the next question. Retained Earnings, December 31, 2018 c. Prepare Photo Gallery's balance sheet. (If a box is not used in the table leave the box empty, do not select a label or er Assets Liabilities Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. esc BO COD DOO F1 F2 F3 O ber 31, a. Prepare the following financial statements for Photo Gallery for the year ended December 31, 2018: Income statement b. Statement of retained earnings. Balance sheet C. i Data Table - Insurance Expense S $ 12,000 Cash 16,000 Accounts Payable Advertising Expense Service Revenue Dividends 7,000 38,000 15,000 2,000 70,000 16,000 Accounts Receivable Notes Payable Retained Earnings, Dec. 31, 2018 Salaries Expense Equipment Common Stock 28,000 33,000 25,000 Print Done

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