Prepare the Income Statement, the Statement of Net Worth and the Classified Balance Sheet for the month ended December 31, 20XX

Please provide the following balance sheet account balance

current assets

long term assets 

 total passive

total shareholder capital 

Record the closing integers under the general journal

post all closing entries to account t and calculate the balance after all closing entries have been posted

Provide the ending cash balance as of December 31 of the T account

Provide the balance of retained earnings at the close of the account t that have been accounted for

Control point Total assets = $8,820

Adjusted trial balance

Cash $3,750

Accounts receivable $1,000

Supplies $90

Prepaid Insurance $440

Equipment $3,600

Accumulated Depreciation $60

Accounts payable $130

Wages Payable $450

Common Stock $6,000

retained earnings 0

Dividends $200

Service income $7,900

Rental Expenses $500

Salary expenses $4,650

Insurance costs $40

Supply Expenses $210

Depreciation expense $60

Total $14,540