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The adjusted trial balance for Hampton Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. uirement

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The adjusted trial balance for Hampton Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. uirement 1. Prepare the income statement for the year ending December 31, 2024 . (Use a minus sign or parentheses to show a net loss If a box is not in the statement, leave the box empty; do not select a label or enter a zero.) 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. E:it (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 paren zero.) Requirement 3. Prepare the classifed 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 liablites and stockholders' equity sections. (If a box is not used in the balance sheet, feave the box. empty, do not select a label or enter a zero. Abbreviation used. Accum : = Accumulated ) Hampton Advarticing Barvicos Balanos shoot Hampton Advertising Services Adjusted Trial Balance December 31,2024 Balance Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building $35,800 Furniture 20,500 Accumulated Depreciation- Furniture 13,700 Accounts Payable 10,200 Salaries Payable 7,400 \begin{tabular}{|lcr|} \hline Accumulated Depreciation-Building & $ & 35,800 \\ \hline Furniture & 20,500 & \\ \hline Accumulated Depreciation- & & 13,700 \\ Furniture & & 10,200 \\ Accounts Payable & & 7,400 \\ Salaries Payable & 13,000 \\ \hline Unearned Revenue & 31,000 \\ \hline Common Stock & 45,400 \\ \hline Retained Earnings & 19,600 & \\ Dividends & & 40,200 \\ \hline Service Revenue & 27,500 & \\ Salaries Expense & 8,600 & \\ \hline Supplies Expense & 3,100 & \\ Depreciation Expense-Building & 900 & \\ \hline Depreciation Expense-Furniture & 13,000 & \\ \hline Advertisina Fxnense & & \\ \hline \end{tabular} Accumulated Depreciation- Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends 19,600 Service Revenue 40,200 Salaries Expense 27,500 Supplies Expense 8,600 Depreciation Expense-Building 3,100 Depreciation Expense-Furniture 900 Advertising Expense Total \begin{tabular}{ll} \multicolumn{13}{r}{13,000} & \\ $196,700 & $196,700 \\ \hline \hline \end{tabular}

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