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Question # 1: 10 points) The adjusted trial balance of C.S. Financial Planners appears below (in 000) December 31, 2017: Debit Credit Cash.... 5,000 Accounts
Question # 1: 10 points) The adjusted trial balance of C.S. Financial Planners appears below (in 000) December 31, 2017: Debit Credit Cash.... 5,000 Accounts Receivable 2,200 Supplies... 2,800 Equipment.. 15,000 Accumulated Depreciation--Equipment. 4,500 Accounts Payable.... 3,300 Unearned Service Revenue. 6,000 Share Capital-Ordinary 10,000 Retained Earnings ? Dividends 2,500 Service Revenue 4,300 Supplies Expense. 600 Depreciation Expense Rent Expense 1.900 32,500 32,500 2,500 Required: Using the information from the adjusted trial balance, prepare for the Year ending December 31, 2017 1 Income statement 2 Retained earnings statement 3. Statement of financial position Question #12: (10 points)
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