The adjusted trial balance of Rayan Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:

1. an income statement.

2. a retained earnings statement.

3. a statement of financial position.

RAYAN FINANCIAL PLANNERS

Adjusted Trial Balance

December 31, 2016

Debit Credit

Cash .................................................................................................. 4,400

Accounts Receivable......................................................................... 2,200

Office Supplies.................................................................................. 1,800

Office Equipment.............................................................................. 15,000

Accumulated DepreciationOffice Equipment............................... 4,000

Accounts Payable.............................................................................. 3,800

Unearned Revenue............................................................................. 5,000

Share CapitalOrdinary..................................................................... 10,000

Retained Earnings.............................................................................. 4,400

Dividends ......................................................................................... 2,500

Service Revenue................................................................................ 3,700

Office Supplies Expense.................................................................... 600

Depreciation Expense........................................................................ 2,500

Rent Expense..................................................................................... 1,900 ______

30,900 30,900