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The adjusted trial balance of Trent Inc. appears below. Using the information from the adjusted trial balance, prepare, for the month ending December 31, 2022:
The adjusted trial balance of Trent Inc. appears below. Using the information from the adjusted trial balance, prepare, for the month ending December 31, 2022: (a) a statement of income; (b) a statement of changes in equity; and (c) a classified statement of financial position. Adjusted Trial Balance December 31, 2022 Cash Accounts receivable Supplies Equipment ... Accumulated depreciation-Equipment Accounts payable Deferred revenue Common shares. Retained earnings Dividends declared Service revenue Debit Credit Salaries expense $6,000 Supplies expense 3,000 Depreciation expense 1,500 Rent expense 21,000 Income tax expense $4,800 $43,050$43,050
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