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Please help me 1. Prepare an income statement for calendar year 2017 2. Prepare a Retained Earnings statement 3. Prepare a classified balance sheet at
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TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 Account Title Debit Credit No 101 Cash 104 Short-term investments 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 173 Building 174 Accumulated depreciation-Building 183 Land 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 233 Unearned professional fees 251 Long-term notes payable 307 Common stock 318 Retained earnings 319 Dividends 401 Professional fees earned 406 Rent earned 407 Dividends earned 409 Interest earned 606 Depreciation expense-Building 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense 652 Supplies expense 682 Postage expense 683 Property taxes expense 684 Repairs expense 688 Telephone expense 690 Utilities expense $ 5,00e 25,000 8,400 7,900 45,000 22,508 165,000 55,000 68,050 15,500 2,400 3,900 2,200 1,200 7,300 71,000 5,000 123,900 12,000 103,000 15,500 2,000 2,500 12,100 6,750 26,000 4,200 8,900 12,600 5,800 3,300 4,300 6,700 2,100 3,800 Totals $432,900 $432,900 1. Prepare an income statement for calendar year 2017
2. Prepare a Retained Earnings statement
3. Prepare a classified balance sheet at December 31, 2017
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