Prepare a classified balance sheet

BRIDGEPORT COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2017 Debit Credit $20,782 8,230 3,590 19,360 Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable $6,205 7,010 6,782 21,310 12,620 4,310 12,900 8,150 2,162 243 181 181 $67,008 $67,008 Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) BRIDGEPORT COOPER CO. Income Statement For the Year Ended December 31, 2017 ] Revenues Service Revenue 12900.00 12900.00 Expenses Salaries and Wages Expense Expense 8150.00 Rent Expense 2162.00 Depreciation Expense 243.00 Interest Expense 181.00 T Total Expenses 10736.00 Net Income / (Loss) 2164.00 Click if you would like to Show Work for this question: Open Show Work (b Prepare a statement of retained earnings. (List items that increase retained earnings first.) BRIDGEPORT COOPER CO. Statement of Retained Earnings Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a statement of retained earnings. Statement of Retained Earnings For the year ended December 31, 2017 Retained Earnings, January 1, 2017 12620 Add: Net income 2164 14784 Less: Dividends 4310 Retained Earnings, December 31, 2017 10474 Prepare a classified balance sheet. (List current assets in order of liquidity.) BRIDGEPORT COOPER CO. Balance Sheet Assets 2 Liabilities and Stockholders' Equity $ Click if you would like to Show Work for this question: Open Show Work