The adjusted trial balance of Travel Realty, Inc., December 31, 2018, folosi Click the icon to view the adjusted trial balance) Read the outume i Data Tabla Requirement 1. Prepare Travel Realty Income statement and statement of retained camnings for the year ending December 21, 2018, and year end balance sheet List expenses in decreasing order on the income statement Stally preparing the income statement. (List expens in decreasing order on the income statement.) * Requirements Travel Realty, Inc. Income Statement For the Year Ended December 31, 2018 RHYHORA 1. Precere Travel Recally income leterrent and Blement of retained earnings for the year ending December 31, 2016. and year-end balance sheet List expense interesting uncer on the income slalom 2. #. Which Crancillant pris Trolly's results of operation? Wer pereiro But during 2018? CIA specifies from the francia en la support your valusion, b. Which statement report the company financial ban? Tower Print Dane Toll xp Travel Realty, Inc. Adjusted Trial Balance December 31, 2018 Account Dahit Credit Cash S 9,200 Accounts receivable 16,3001 Prepaid ront 2,500 Supp 1.100 Equipment 52.000 Accumulated depreciation equipment $ 12,200 Accounts payable 4,200 Uneared service revenue 1,000 Interesi payable 540 Surs payable 11,000 Notes payable 6,000 Common stock 32,985 Retained camings 9,700 Dividends 9,000 Services 81.000 InterHTM 775 Salaries exposa 50,000 Rent expense 12,000 Depreciation expense, equipment 3,000 Usitis opene 2.800 Interer 1 800 700 Supplies expense 162.200 162,900 Total Prepare the surrent af retained earringe Travel Realty, Ine. Statement of Retained Earnings For the Year Ended December 31, 2018 Add | Subrotal Les Prepare the balance sheet. Start with the asset portion of the statement, then complete the liabilies and stockholders equity sections of the statement. (For the set portion of the statement, clect the fred Accounta) al. Travel Realty, Inc. Balance Sheet December 31, 2018 Print Done 1 Prepare the statement of retained eamings. Travel Realty, Inc. Statement Retained Earnings For the Year Ended December 2018 Add: Subtotal Less Prepare the balance sheet. Start with the asset portion of the statement, then complete the liabilities and stockholders' equity sections of the statement. (For the asset portion of the statement, select the fixed asset account/s) last.) Travel Realty, Inc. Balance Sheet December 31, 2018 Assets Liabilities Less Total liabilities Stockholders' Equity Total stockholders' equity Total assets Total liabilities and stockholders' equity Requirement 2. a. Which financial statement reports Travel Realty's results of operations? Were operations successful during 2018? Cite specifics from the finan The reports the results of operations. During 2018, Travel Realty, Inc.'s operations as the company has assets that are significantly higher than its liabilities. has liabilities that make up a greater portion of assets than does its equity paid dividends during the period. reported a net loss for the period. reported net income for the period. b. Which statement reports company's financial position? The reports the company's financial position