The unadjusted trial balance of Fawn Investment Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2024: i (Click the icon to view the adjustments.) Requirements 1. Prepare a worksheet for Fawn Investment Advisers at December 31, 2024. 2. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in account format. 3. Prepare closing entries. Requirement 1. Prepare a worksheet for Fawn Investment Advisers at December 31, 2024. The unadjusted balances have been entered for you in the trial balance columns of a worksheet. Complete the worksheet one section at a time beginning with the Adjustments section. Enter the adjustments along with the adjustment letter references-(a), (b), (c), etc.into the columns as appropriate. In the following step, complete the Adjusted Trial Balance. Lastly, complete the worksheet by preparing the Income Statement and Balance Sheet columns. Be sure to calculate the total debits and credits in each step. (Abbreviations used: Depr. = depreciation, Exp. = expense, I/t = long term, Pay. = payable, Rec. = receivable, Stk. = stock, and Supp. = supplies.) Fawn Investment Advisers Worksheet December 31, 2024 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 26,000 Accounts Rec. 47,000 Office Supp. 8,000 Equipment 22,000 Accum. Depr. 11,000 Accounts Pay. 15,000 Salaries Pay. Unearn. Rev. 1,000 Note Pay. (I/t) 26,000 Common Stk 17,000 Ret. Earnings 19,500 Dividends 31,000 Service Rev. 99,000