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The adjusted tral balance of Edmond Real Estate Appraisal at June 30, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the
The adjusted tral balance of Edmond Real Estate Appraisal at June 30, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the reguirements. Data Table Requirement 1. Prepare the company's income statement for the year ended June 30, 2018. (If a box is not u Use a minus sign or parentheses to show a net loss.) Edmond Real Estate Income Statement Year Ended June 30, 2018 Edmond Real Estate Appraisal Adjusted Trial Balance June 30, 2018 Account Title Cash Debit Credit S 4,400 5,700 2,500 2,000 13,400 83,000 Office Supplies Prepaid Insurance Land Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long- $ 25,400 20,200 8,700 2,200 10,400 37,000 1,000 41,000 Net Income (Loss) Common Stock Requirement 2. Prepare the company's statement of retained earnings for the year ended June 30, 2018. (Use Retained Earnings 26,700 Edmond Real Estate Statement of Retained Earnings Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Utilities Expense 49,000 4,800 32,000 500 8,700 2,900 Year Ended June 30, 2018 Retained Earnings, July 1, 2017 Retained Earnings, June 30, 2018 8,300 Requirement 3. Prepare the company's classified balance sheet in report form at June 30, 2018. (If a box is noTote S 194,900 $ 194,900
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