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Requirement 1 and 2 is done. Only need help with requirement 3 Requirement 3. Prepare the dass ie baarsteel as of December 31, 2018. Use

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Requirement 1 and 2 is done. Only need help with requirement 3

Requirement 3. Prepare the dass ie baarsteel as of December 31, 2018. Use the account form. sagh ny preparing the are section of the balance sheer and then presare the liabilities and stocktodera equity sections. If a box is not used in the balance sheal, leave the box amply, do not select a bal or enter a zero. Abbreviation used Accum, = Accumulated Salem Advertising Services Balance Sheet December 31, 2018 Assets Lee Choose from any list or enter any number in the input fields and then click Check Answer ? 1 wraining Clear Al Check Answer The adjusted tral balance for Salem Avertising Services is presented below: (Click un the icon to view the acjusled trial balance. i Data Table Read the requirements Requirement 1. Prepare the ncome statement for the year andrg December 21, 2016. (Use a minus signar parentheses to show a net loss. It abaxis not used in the statement, leave the box cmpty do not seen a label Salem Advertising Services Income Statement Year Ended December 31, 2018 Reveru S S 39,000 i Requirerlerils S S 25.500 Service Revenue Expansas Selare Experiee Suppies Expune Depreciation Expense-Buiding Deprecation Expanse-Furniture Advertising Experte 8,300 3,100 700 1. Prepare the income scalement for the year ending December 31, 2010. 2. Prepans the statement of rared samines for the year ording Darambar 31, 2018 3. Prepare the classfied balance sheel as of December 31, 2018. Use the report form 11,500 Salem Advertising Services Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 13.900 Accounts Receivable 15.103 amice Supplies 7300 Land 18.800 Building 49.500 S S Accumulated Depreciation Building 35,200 Furniture 19.500 Accumulated Depreciation-Furniture 13,10111 Accounts Payable 9,700 Salaries Payable 7,500 Unearnad RAVALA 18,500 Common Stock 33.000 Retained Earnings 38.300 Dividends 16 103 Service Revenue 38,0 Salaries Expense 25.01 Supplies Expense 3.300 Depreciation Expense-Building 3.100 Depreciation Expanse-Furniture 703 11.500 Advertising Expense $ 189,300 $ 189,300 Tata Total Experten 49,100 Print Dore S (11,100) Net InDOME (LOS) Requirement 2. Prepare the statemert of retired smirgs for the year encing December 31, 2018. (Use a minus sign or parentheses to show a reloes. Salern Advertising Services Statement of Retained Earnings Year Ended December 31, 2018 Retained Femings January 1, 2018 S 36,300 Netices for the year (11.100) Dividends (16.100) S 9,100 Retained Eamngs, December 31, 2018 Requirement 3. Prepare the darslied beresole of December 31, 2018. Use the account form. Choose from any list or enter any number in the input fieds and then click Check Answer Print Done 1 Part remaining Clear Al LIDO

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