Question #3 (21 points)

Use the Adjusted Trial Balance below to Prepare the month-end balance sheet, income statement, and statement of retained earnings.

Label financial statements well.

Huston Inc. Adjusted Trial Balance August 31, 2021 Credit Debit 23,200 3,000 100,000 Cash Accounts Receivable Equipment Accumulated Depreciation Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Depreciation Expense Salary Expense Rent Expense 20,000 7,000 4,000 80,000 4,500 20,500 4,000 5,000 800 136,000 $ $ 136,000