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Prepare an Income Statement, Statement of Stockholders Equity, and Balance Sheet using the below trial balance for Alpo Corp. Alpo Trial balance Account Debit Credit

Prepare an Income Statement, Statement of Stockholders Equity, and Balance Sheet using the below trial balance for Alpo Corp.

Alpo Trial balance

Account

Debit

Credit

Cash

30,000

Accounts Receivable

46,000

Allowance for Uncollectible Accounts

6,000

Supplies

2,000

Equipment

40,000

Accumulated Depreciation

1,000

Accounts Payable

8,000

Common Stock

91,000

Retained Earnings

0

Service Revenue

34,000

Salaries Expense

12,000

Depreciation Expense

1,000

Bad Debts Expense

6,000

Dividends

3,000

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