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The adjusted trial balance of Ryan Financial Planners appears below. RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2014 Debit Credit Cash $ 3,100 Accounts

The adjusted trial balance of Ryan Financial Planners appears below.

RYAN FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2014
Debit Credit
Cash $ 3,100
Accounts Receivable 2,160
Supplies 1,680
Equipment 15,200
Accumulated Depreciation-Equipment $ 3,800
Accounts Payable 3,440
Unearned Service Revenue 3,800
Common Stock 10,000
Retained Earnings 4,260
Dividends 1,500
Service Revenue 4,240
Supplies Expense 500
Depreciation Expense 2,470
Rent Expense 2,930
$ 29,540 $ 29,540

Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:

1.An income statement.

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