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Prepare a multi-step income statement, statement of retained earnings and classified balance sheet given the following trial balance PLEASE MAKE SURE TO PREPARE ALL THREE

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Prepare a multi-step income statement, statement of retained earnings and classified balance sheet given the following trial balance PLEASE MAKE SURE TO PREPARE ALL THREE FINANCIAL STATEMENTS!: DEBIT CREDIT Cash $75,000 Accounts Receivable 25,000 Inventory 130,000 Prepaid Rent 1,200 Prepaid Insurance 1,800 85,000 Equipment Accumulated Dep. - Equip 45,000 Accounts Payable 15,000 Salaries Payable 4,500 Long-Term Notes Payable 125.000

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