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Print 1. The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the
Print 1. The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box emply; do not select a label or enter a zero.) Green Advertising Services Income Statement Year Ended December 31, 2018 (10) Net Income (Loss) Requirement 2. Prepare the statement of relained earnings for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss.) Green Advertising Services Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 (11) (12) Retained Earnings, December 31, 2018 Requirement 3. Prepare the classified balance sheet as of December 31, 2018. Use the account form. Print Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stockholders' equity sections. If a box is not used in the balance sheet, leave the box empty, do not select a label or enter a zero. Abbreviation used: Accum. = Accumulated.) Green Advertising Services Balance Sheet December 31, 2018 Assets (13) (114) (15) (16) (17) (18) (19) (20) (21) Less: (22) (23) Less: (24) (25) (26) Liabilities (27) (28) (29) (30) (31) (32) Stockholders' Equity Print (34) (35) (38) 1: Data Table Green Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash 14,000 Accounts Receivable 15,800 Office Supplies 6,500 Land 18,400 Building 47,900 Accumulated Depreciation-Building $ 36,100 Fumiture 19,600 Accumulated Depreciation-Furniture 14,100 Accounts Payable 10,600 Salaries Payable 7,200 Unearned Revenue 16,000 Common Stock 30,000 Retained Earnings 31,400 Dividends 18,300 Service Revenue 49,800 Salaries Expense 28,600 Supplies Expense 8,400 Depreciation Expense-Building 2,900 Depreciation Expense-Furniture 1.300 Advertising Expense 13,500 195,200 $ Print $ 195,200 Total 2: Requirements 1. 2. 3. Prepare the income statement for the year ending December 31, 2018. Prepare the statement of retained earnings for the year ending December 31, 2018 Prepare the classified balance sheet as of December 31, 2018. Use the report form. (1) O Expenses: Revenues: Total Assets O Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Unearned Revenue (2) O Accumulated Depreciation - Furniture Accounts Payable Advertising Expense Accounts Receivable O Building O Accumulated Depreciation-Building O Cash Common Stock O Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies O Retained Earnings Salaries Expense O Salarias Payable Service Revenue O Supplies Expense (3) O Expenses: Revenues: Total Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity (4) O Unearned Ravenue Accounts Payable Accounts Receivable Accumulated Depreciation-Building 0 Accumulated Depreciation-Furniture Advertising Expense O Building Cash O Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture O Salaries Expense Land O Salaries Payable Office Supplies Service Revenue O Retained Earnings O Supplies Expense Unearned Revenue (5) O Accounts Payable O Accounts Receivable O Accumulated Depreciation-Building 0000 Accumulated Depreciation - Furniture O Advertising Expense O Building Cash O Common Stock O Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture O Land O Office Supplies Retained Earnings O Salaries Expense O Salaries Payable Service Revenue Supplies Expense Unearned Revenue (6) O O Accounts Payable Accounts Receivable Accumulated Depreciation-Building O Accumulated Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies O Retained Earnings O Salaries Expense O Salaries Payable Service Revenue O Supplies Expense Uneared Revenue Print Accounts Payable Accounts Receivable Accumulated Depreciation-Building O Accumulated Depreciation - Furniture Advertising Expense O Building Cash O Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salarles Payable Service Revenue O Supplies Expense Unearned Revenue (8) O O Accounts Payable Accounts Receivable Accumulated Depreciation-Building Accumulated Depreciation - Furniture Advertising Expense O Building Cash Common Stock O Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies O Retained Earnings O Salaries Expense O Salarles Payable Service Revenue Supplies Expense Unearned Revenue (9) O O Accounts Payable Accounts Receivable Accumulated Depreciation-Building O Accumulated Depreciation - Furniture Advertising Expense O Building Cash O Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture Dividends O Furniture Land Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue O Supplies Expense (10) O O Expenses: O Revenues: Total Assets O Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity (11) O O Dividends O Expenses for the year Issuance of common stock O Net Income for the year O Net loss for the year O Revenues for the year (12) O O Dividends Expenses for the year Issuance of common stack Net Income for the year O Net loss for the year Revenues for the year (13) O Total Property, Plant, and Equipment Current Assets: Current Liabilities: Expenses: O Long-term Liabilities: Total Current Assets O Property, Plant, and Equipment: 0 Total Expenses Revenues: Tatal Liabilities O Total Assets Total Liabilities and Stockholders' Equity Unearned Revenue (14) O O Accounts Payable Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (15) O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accur. Depreciation Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue O Supplies Expense Unearned Revenue (16) O Accounts Payable O Accounts Receivable Accum. Depreciation-Building O Accum. Depreciation-Furniture Advertising Expense O Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies O Retained Earnings Salaries Expense O Salaries Payable Service Revenue Supplies Expense Unearned Revenue Print (17) O O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture Advertising Expense Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture Dividends O Furniture Land O Office Supplies O Retained Earnings O Salaries Expense Salaries Payable Service Revenue Supplies Expense (18) O Total Property, Plant, and Equipment Current Assets: Current Liabilities: Expenses: Long-term Liabilities: Property, Plant, and Equipment: Revenues: Total Assets Total Current Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Property, Plant, and Equipment (19) O O Current Assets: O Current Liabilities: Expenses: O Long-term Liabilities: Total Current Assets Property, Plant, and Equipment: 0 Total Expenses Revenues: Total Liabilities Total Assets Total Liabilities and Stockholders Equity Unearned Revenue (20) O O Accounts Payable Accounts Receivable Accum. Depreciation-Building Accum. Depreciation-Fumlture O Advertising Expense O Building Cash Common Stock Depreciation Expense --Building Depreciation Expense-Furniture Dividends O Furniture Land Office Supplies O Retained Earnings O Salarles Expense Salaries Payable Service Revenue Supplies Expense O Unearned Revenue (21) O O Accounts Payable Accounts Receivable Accum. Depreciation-Building Accum. Depreciation-Fumiture O Advertising Expense Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings O Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (22) O O Accounts Payable Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (23) O Accounts Payable O Accounts Receivable O Accum. Depreciation-Building Accur. Depreciation Furniture O Advertising Expense O Building Cash O Corimon Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (24) O O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accur. Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture Dividends O Furniture O Land Office Supplies Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Total Property, Plant, and Equipment Print (25) O O Current Assets: Current Liabilities: O Expenses: O Long-term Liabilities: O Property, Plant, and Equipment: Revenues: Total Assets Total Current Assets Total Expenses Total Liabilities Total Liabilities and Stockholders Equity Total Property, Plant, and Equipment (26) O Current Assets: O Current Liabilities: Expenses: O Long-term Liabilities: Property, Plant, and Equipment: Revenues: Total Assets Total Current Assets Total Expenses Tatal Liabilities Total Liabilities and Stockholders' Equity (27) O O Current Assets: O Current Liabilities: Expenses: O Long-term Liabilities: Total Current Assets Property, Plant, and Equipment: 0 Total Expenses Revenues: Total Liabilities Total Assets Tatal Liabilities and Stockholders' Equity Total Property, Plant, and Equipment Total Stockholders' Equity Unearned Revenue (28) O O Accounts Payable Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture Advertising Expense Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense O Unearned Revenue (29) O Accounts Payable Accounts Receivable O Accum. Depreciation-Building Accum. Depreciation - Furniture Advertising Expense Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (30) O O Accounts Payable Accounts Receivable O Accum. Depreciation-Building Accur. Depreciation - Furniture Advertising Expense Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture O Land Office Supplies Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense O Unearned Revenue (31) O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Total Property, Plant, and Equipment Total Stockholders' Equity (32) O O Current Assets: O Current Labilities: Expenses: Long-term Liabilities: Total Current Assets O Property, Plant, and Equipment: 0 Total Expenses Revenues: Total Liabilities Total Assets Total Liabilities and Stockholders Equity Unearned Revenue (29) O Accounts Payable Accounts Receivable Accum. Depreciation-Building Print Accur. Depreciation-Furniture Advertising Expense Building Cash Common Stock Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture Land O Office Supplies O Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Print O Unearned Revenue (30) O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture O Advertising Expense O Building Cash Common Stock Depreciation Expense-Building O Depreciation Expense-Furniture O Dividends O Furniture Land Office Supplies Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense Unearned Revenue (31) O O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture O Advertising Expense Building Cash Common Stock O Depreciation Expense-Building Depreciation Expense-Furniture O Dividends O Furniture O Land Office Supplies Retained Earnings Salaries Expense Salaries Payable Service Revenue Supplies Expense (32) O Current Assets: O Current Liabilities: O Expenses: Long-term Liabilities: Property, Plant, and Equipment: Revenues: Total Assets Total Property, Plant, and Equipment Total Stockholders' Equity Tatal Current Assets Total Expenses Total Liabilities Total Liabilities and Stockholders Equity Unearned Revenue (33) O O Accounts Payable O Accounts Receivable Accum. Depreciation-Building Accum. Depreciation - Furniture Advertising Expense Building Cash Common Stock O Depreciation Expense-Building O Depreciation Expense-Furniture Dividends O Furniture Land O Office Supplies O Retained Earnings O Salaries Expense O Salarles Payable Service Revenue Supplies Expense Unearned Revenue (34) O O Accounts Payable O Accounts Receivable Accum. Depreciation-Building O Accum. Depreciation-Fumiture O Advertising Expense O Building Cash Common Stock O Depreciation Expense-Building Depreciation Expense-Furniture Dividends O Furniture Land Office Supplies O Retained Earnings O Salaries Expense Salaries Payable Service Revenue Supplies Expense Total Property, Plant, and Equipment Total Stockholders' Equity (35) O O Current Assets: O Current Liabilities: Expenses: O Long-term Liabilities: Total Current Assets O Property, Plant, and Equipment: 0 Total Expenses Revenues: Total Liabilities Total Assets Total Liabilities and Stockholders Equity Total Property, Plant, and Equipment O Total Stockholders' Equity (36) O O Current Assets: O Current Liabilities: Expenses: Long-term Liabilities: Total Current Assets Property, Plant, and Equipment: 0 Total Expenses Revenues: Total Liabilities Total Assets Total Liabilities and Stockholders Equity
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