Prepare the financial statements for Smart Touch Learning for the month of December. Remember that the business started operations this month so all beginning balances were 0. For the Statement of Retained Earnings and the Balance Sheet, enter any decreases with a negative sign or parentheses.

What I circled in red has drop down options to fill in for each of the charts. The options to fill in are the following:

-Adjusted Trial balance

-Balance Sheet

-December 31, 2016

-Income Statement

-Month ending in December 31, 2016

-Smart Books Learning

-Smart Touch Learning

-Statement of Retained Earnings