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Question 1:( A3,C1, D3) (10 Points) The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the adjusted trial balance you
Question 1:( A3,C1, D3) (10 Points) The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the adjusted trial balance you are to prepare for the month ending December 31 1. an income statement 2 a retained eamings statement 3 a statement of financial position RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2019 Debit Credit Cash 5.200 Accounts Receivable. 2,200 Supplies 1.800 Equipment 15.000 Accumulated Depreciation -Equipment 4.000 Accounts Payable 3,800 Uneamed Revenue 5.000 Share Capital-Ordinary 10,000 Retained Eamings 4.400 Dividends 2.500 Service Revenue 4.500 Supplies Expense 600 Depreciation Expense 2.500 Rent Expense 1.900 31.700 E700
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