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Save The adjusted trial balance for Burlington Advertising Services is presented below. Click on the icon to view the adjusted trial balance.) Read the requirements
Save The adjusted trial balance for Burlington Advertising Services is presented below. Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2024 (Use a minus sign or parentheses to show a netloss. It a box is not used in the statement, leave the box empty; do not select a label or enter a zero) Burlington Advertising Services Income Statement Year Ended December 31, 2024 Net Income (L03) Burlington Advertising Services Adjusted Trial Balance December 31, 2024 Account Title Balance Cash Credit Debit 13,700 Accounts Receivable Office Supplies 14,200 Land 5,900 17,600 52,500 38,100 19,200 13.400 9.500 7,000 17.500 Building Accumulated Depreciation-Building Furniture Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Unearned Revenue Colman, Capital Colman, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense 56.000 17,200 50.200 28,500 8,900 2.800 1,200 10.000 Total S 191,700 $ 191,700 - Requirements 1. Prepare the income statement for the year ending December 31, 2024. 2. Prepare the statement of owner's equity for the year ending December 31, 2024. Assume that there were no contributions made by the owner during the year. 3. Prepare the classified balance sheet as of December 31, 2024. Use the report form. Print Done
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