Prepare the Income Statement, the Statement of Stockholders Equity, the Classified Balance Sheet, and the Closing Entries using the adjusted trial balance for Stockton Company.

Paragraph Styles Problem Two Prepare the Income Statement, the Statement of Stockholders' Equity, the Classified Balance Sheet, and the Closing Entries using the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance For the Year ended December 31, 2018 $ 5,030 2,100 700 10,000 13,700 Cash Accounts Receivable Prepaid Expenses Land Equipment Accumulated Depreciation Accounts Payable Notes Payable, Common Stock Retained Earnings Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals $ 1,100 900 4,200 12,000 10,150 9,750 3,500 1,960 775 250 85 $38,100 $38,190