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

The adjusted trial balance of Ryan 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 balance sheet.

RYAN FINANCIAL PLANNERS

Adjusted Trial Balance

December 31, 2014

Debit

Credit

Cash

$ 3,400

Accounts Receivable

3,200

Supplies

1,800

Equipment

15,000

Accumulated DepreciationEquipment

$ 3,000

Accounts Payable

3,300

Unearned Service Revenue

5,000

Common Stock

10,000

Retained Earnings

4,400

Dividends

2,000

Service Revenue

5,200

Supplies Expense

600

Depreciation Expense

2,000

Rent Expense

2,900

______

$30,900

$30,900

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