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The adjusted trial balance of Erickson Real Estate Appraisal at June 30, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the
The adjusted trial balance of Erickson Real Estate Appraisal at June 30, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the company's income statement for the year ended June 30, 2018. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero Use Requirements 1. Prepare the company's income statement for the year ended June 30, 2018 2. Prepare the company's statement of retained earnings for the year ended June 30,2018 3. Prepare the company's classified balance sheet in report form at June 30,2018 4. Journalize the closing entries. 5. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. 6. Prepare the company's post-closing trial balance at June 30, 2018 Data table Erickson Real Estate Appraisal Adjusted Trial Balance June 30, 2018 Balance Account Title Debit Credit Cash Accounts Receivable $4,600 Office Supplies 5,300 Prepaid Insurance 1,500 Land 1,700 Building 13,000 Accumulated Depreciation- Building 82,000 Accounts Payable Interest Payable Salaries Payable Unearned Revenue \$ 25,200 Notes Payable (long-term) 40,000 Common Stock 3,000 Retained Earnings 39,500 Dividends 27,300 Service Revenue 48,100 Insuranra Fxnansa 4400 Data table
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