The adjusted trial balance for Salem 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 net loss. If a box is not used in the statement, leave the t empty, do not select a label or enter a zero.) Salem Advertising Services Income Statement Year Ended December 31, 2024 Net Income (Loss) for Salem Advertising Services is presented below. view the adjusted trial balance.) ents 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 t more help 888 F4 R 10 LL F % 85 Print Done F5 T tv MacBook Air 96 6 G Biz Y 7 &7 17 U T 8 Dil FB 61 9 DC H H J K 56-SP-2023 wance for n to view Question 7, EF4-17 (similar to) HW Score: 38. Points: 0 o Data table Salem Advising Services Adjusted Trial Balance December 31, 2024 Balance pare the ta label of Account Title Cash to show a n Debit Credit $ 14,200 Accounts Receivable 13,800 Office Supplies 6.200 Land 18,200 Building 49.500 Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable $ 38,900 21,100 13.900 9.900 7,100 et more up 888 2 95 54 R 02 66 Print Done MacBook Air 213 16 DO 2 & ( 7 8 9 T Y U F G H J K Homework.aspx?homeworkid-6433928478questionid=1&flushed=false&cid=7292990&back-http 7-71156-SP-2023 Question 7, EF4-17 (similar to) al balance for the icon to view Data table Furniture rements 1. Prepare the select a label o - X HW Score Points 21,100 Accumulated Depreciation-Furniture 13.900 Accounts Payable 9,900 Salaries Payable 7.100 to show Unearned Revenue 13,000 Common Stock 32.500 Retained Earnings 30,350 Dividends 16.100 Service Revenue 42.500 Salaries Expense 24,500 Supplies Expense 8,500 Depreciation Expense-Building 2,700 Depreciation Expense--Furniture 550 12,800 Advertising Expense $ 188,150 $ 188,150 Get more heup** 4 888 74 R Total 55 Print Done 9 MacBook Air SATH 7 &7 " T Y U 8-> Dll gt DO 16 " 6