Required information The following information applies to the questions displayed below) The year end financial statements of Rattlers Tax Services are provided below. 568,000 RATTLERS TAX SERVICES Income Statement Service revenue Expenses: Salaries 544,100 UtElities 6,100 Insurance 3,90 Supplies 1.150 Net Income 55.450 $12,550 BATTLERS TAX SERVICES Statement of Stockholders' Equity Coon Retained Stock Earrings Beginning balance. Jan. 1 $41,000 522.500 Issue stock 11,000 Net Income 12,550 Dividends 10100 Ending balance, Dec. 31 $52.000 $31, ose Total stockholders Equity 63.000 11.000 12,550 (100) $83,050 Assets Cash Accounts receivable Land RATTLERS TAXE SERVICES Balance Sheet Liabilities Accounts payable Stockholdersity Comon stock Retained earnings Total liabilities and equities $ 2,600 5,100 60,000 $5.950 5520 10.se Total assets 580,100 18.2950 588,100 2. Prepare a post closing trial balance. (Hint The balance of Retained Eamings will be the amount shown in the balance sheet) Part 2 of 2 Assets Cash Accounts receivable Land $ 2,800 5,300 B0,000 RATTLERS TAX SERVICES Balance Sheet abilities Accounts payable Stockholders. Equity: Common stock Retained earnings Total liabilities and equities $ 5,85e $52,000 31, ese Total assets $88, 100 1 points B3,050 $88,100 Skipped 2. Prepare a post-closing trial balance. (Hint. The balance of Retained Earnings will be the amount shown in the balance she eBook RATTLERS TAX SERVICES Post Closing Trial Balance Accounts Debit Credit Print o References Totals $ 0 $