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The adested vial balance for Perfect Advertising Services is presented below (Click on the icon to view the adjusted trial balance) Read the regim Requirement

The adested vial balance for Perfect Advertising Services is presented below (Click on the icon to view the adjusted trial balance) Read the regim Requirement 1. Prepare the income statement for the year ending December 31, 2024 (Use a minun sign ar parentheses to show a met loss. If a box is not used in the state the boty do not select a label unter a zero) Perfect Advertising Services Income Statement Year Ended December 31, 2024 Choose from any st or enter any number in the input fields and then continue to the next question The adjusted trial balance for Perfect Advertising Services is presented below (Click on the icon to view the adjusted trial balance) Read the requirements Net Income (Loss) Requirement 2. Prepare the statement of retained eamings for the year ending December 31. 2024. (Use a minus sign or parentheses to show a net loss); Perfect Advertising Services Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 Retained Earnings December 31, 2024 Choose from any sist or enter any number in the input fields and then continue to the next question The adjusted trial balance for Perfect Advertising Services is presented below (Click on the icon to view the adjusted trial balance) Read the requirements Requirement 3. Prepare the classified balance sheet as of December 31, 2024 Use the account form Begin by preparing the asset section of the balance sheet and then prepare the labilities and stockholders' equity sections of a box is not used in the balance sheet, leave the box empty do not select a l Abbreviation uned Accum Accumulated) d or weber a pers Perfect Advertising Services Balance Sheet December 31, 2024 Assets Choose from any st or enter any number in the input neids and then continue to the next question The adjusted trial balance for Perfect Advertising Services is presented below (Click on the icon to view the adjusted trial balance.) Read the requirements Less Less Liabilities Choose from any list or enter any number in the input fields and then continue to the next question. The adjusted trial balance for Perfect Advertising Services is presented below. (Click on the icon to view the adjusted trial balance.) Read the requirements Liabilities Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question in=yes 01 Fall 2020 39 of 41 (1 complete) en C Data Table Perfect Advertising Services Adjusted Trial Balance December 31, 2024 - X Balance Account Title Debit Credit Cash S 14,500 Accounts Receivable 14,000 Office Supplies 7.300 Land 17,700 Building 51,600 Accumulated Depreciation-Building $ 36,900 Furniture 18,900 Accumulated Depreciation-Furniture A Print Done 14.200 hen C Data Table 39 of 41 (1 complete) - X 10,200 Accounts Payable Salaries Payable 8,000 Unearned Revenue 15,500 Common Stock 31,000 Retained Earnings 37.500 Dividends 20,200 Service Revenue 39,600 Salaries Expense 25,500 Supplies Expense 8,700 Depreciation Expense-Building 3,000 Depreciation Expense-Furniture 1,000 10,500 Advertising Expense 192,900 $ 192,900 Total Print Done 101 Fall 2020 39 of 41 (1 complete) ted below: Requirements 1. Prepare the income statement for the year ending December 31, 2024. 2. Prepare the statement of retained earnings for the year ending December 31, 2024. 3. Prepare the classified balance sheet as of December 31, 2024. Use the report form. d then continue to the next question Print Doneimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

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