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The adjusted trial balance of Cheyenne Cooper Co. as of December 31, 2017, contains the following. CHEYENNE COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2017

The adjusted trial balance of Cheyenne Cooper Co. as of December 31, 2017, contains the following.

CHEYENNE COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2017

Debit

Credit

Cash $20,177
Accounts Receivable 7,625
Prepaid Rent 2,985
Equipment 18,755
Accumulated Depreciation-Equipment $5,600
Notes Payable 6,405
Accounts Payable 6,177
Common Stock 20,705
Retained Earnings 12,015
Dividends 3,705
Service Revenue 12,295
Salaries and Wages Expense 7,545
Rent Expense 2,206
Depreciation Expense 199
Interest Expense 137
Interest Payable 137

$63,334

$63,334

Prepare income statement, statement of retained earnings, and classified balance sheet

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