The adjusted trial balance of David Cooper Co. as of December 31, 2020, contains the following. DAVID COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020

Debit Credit

Cash $19,847

Accounts Receivable 7,295

Prepaid Rent 2,655

Equipment 18,425

Accumulated Depreciation-Equipment $5,270

Notes Payable 6,075

Accounts Payable 5,847

Common Stock 20,375

Retained Earnings 11,685

Dividends 3,375

Service Revenue 11,965

Salaries and Wages Expense 7,215

Rent Expense 2,230

Depreciation Expense 175

Interest Expense 113

Interest Payable 113

$61,330 $61,330

Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. (45)

Prepare a statement of retained earnings. (List items that increase retained earnings first.)

Prepare a classified balance sheet. (List current assets in order of liquidity.) with Liabilities and stockholders equity