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The adjusted trial balance of Ryan Company appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending

The adjusted trial balance of Ryan Company 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 balance sheet.

(You need to calculate the amount of cash)

image text in transcribed

Trial Balance Debit 285,000 $ 45,000 16,500 178,500 Cash Accounts Receivable Allowance for Doubtful Accounts Supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Notes Payable Accounts Payable Interest Payable Unearned Service Revenue Salaries & Wage Payable Common Stock Retained Earnings Dividends Service Revenue Salaries & Wage Expense Supplies Expense Rent Expense Insurance Expense Interest Expense Depreciation Expense Bad Debt Expense Credit $ . $ 4,800 S $ - $ $ 24,000 $ 150,000 $ 75,000 $ 1,500 $ 24,000 $ 18,000 $ 300,000 $ 125,000 $ $ 318,000 $ $ $ $ $ $ $ $ $ $ $ 50,000 - 138,000 45,000 27,000 15,000 1,500 12,000 4,800 S $ $ $

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