The trial balance and other information for consulting engineersSplish BrothersRovers Consulting Limited follow:

Splish BrothersRovers Consulting Limited

Trial Balance

December 31, 2020DebitCreditCash$110,480Accounts receivable107,050Allowance for doubtful accounts$990Supplies2,590Equipment112,000Accumulated depreciationequipment8,250Notes payable7,300Common shares48,220Retained earnings212,650Service revenue132,000Rent expense12,870Salaries and wages expense37,620Insurance expense24,420Utilities expense1,430Miscellaneous expense950$409,410$409,410

Additional information:

1.Service revenue includes fees received in advance from clients of $9,110.2.Services performed for clients that were not recorded by December 31 were $9,640.3.Bad debt expense for the year is $8,320.4.Insurance expense includes a premium paid on December 31 in the amount of $7,920for the period starting on January 1, 2021.5.Equipment is depreciated on a straight-line basis over10years. Residual value is $20,000.6.Splish Brothersgave the bank a 90-day,12% note for $7,300on December 1, 2020.7.Rent is $990per month. The rent for 2020 and for January 2021 has been paid.8.Salaries and wages earned but unpaid at December 31, 2020, are $3,429.9.Dividends of $106,000were declared on December 15, 2020 for payment on February 1, 2021.

From the trial balance and other information given, how to do annual adjusting entries as at December 31, 2020

How to do an adjusted trial balance forSplish BrothersRovers as at December 31, 2020.

How to do an income statement for 2020

How to do a statement of retained earnings for 2020