Prepare an Adjusted Trial Balance now that adjusting entries have been recorded. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amounts. Your Lemonade Stand Adjusted Trial Balance End of Month Account Debit Credit Cash 5,610 0 Accounts Receivable 0 0 1,400 Inventory Supplies Refrigerator O O O 40 500 Cash Register o o 300 0 Lemon Juicer 150 o 250 0 0 4,000 Prepaid Insurance Accounts Payable Notes Payable Wages Payable Common Stock 0 500 400 o o o o Sales Revenue 1,000 6,850 o Cost of Goods Sold 3,000 400 50 Wages Expense Supplies Expense Insurance Expense Utilities Expense Rent Expense 0 0 0 0 0 0 0 0 0 0 50 100 900 0 Total 12,750 12,750 Your Lemonade Stand Income Statement For the Month Ended xxx Your Lemonade Stand Statement of Retained Earnings For the Month Ended XXX Revenues Beginning Retained Earnings (May 1) $0 Sales Revenue $ 6,850 Net Income Total Revenues $ 11,350 $ 11,350 $ 6,850 Ending Retained Earnings (May 31) Expenses Cost of Goods Sold $ 3,000 $ 400 $ 100 $ 50 Wages Expense Utilities Expense Insurance Expense Supplies Expense Rent Expense Total Expenses Net Income $ 50 $ 900 $ 4,500 $ 11,350 Your Lemonade Stand Balance Sheet End of Month Assets Cash $ 5,260 $ 1,400 Inventory Prepaid Insurance Supplies $ 200 $ 40 Accounts Receivable $ 350 $ 500 $ 300 Refrigerator Cash Register Lemon Juicer Total Assets Liabilities $ 150 $ 8,200 Liabilities Accounts Payable $ 4,000 Common Stock $ 1,000 h Notes Payable $ 500 Total Liabilities $ 5,500 $ 4,500 Owners' Equity Total Expenses Ending Retained Earnings Total Owners' Equity Total Liabilities and Owners' Equity $ 11,350 $ 13,700 $ 13,700