The unadjusted trial balance of Whitticker Anvils at December 31, 2024, and the data for the adjustments follow: (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjusting Read the requirements Rent Expense Depreciation Expense-Equipment Supplies Expense Total Expenses 100 400 1,700 5,660 17,140 Net Income (Loss) Prepare the statement of retained earnings. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal Review the Balance sheet columns of the worksheet completed in Requirement.3. Whitticker Anvils Statement of Retained Earnings Month Ended December 31, 2024 Retained Earnings, January 1, 20241 Retained Earnings, December 31, 2024 Read the requirements. Requirements 1. Prepare the adjusting entries and post to the accounts. T-accounts have been opened using the balances from the unadjusted trial balance. 2. Prepare an adjusted trial balance. 3. Complete the worksheet for the year ended December 31, 2024. 4. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form. creases in reta 5. Prepare the closing entries, and post to the accounts. 6. Prepare a post-closing trial balance. mpleted in Reg 7. Calculate the current ratio for the company. Print Done - X 100 More info ases in retained ear leted in Requirement Adjustment data: a. Unearned Revenue still unearned at December 31, $3,400. b. Prepaid Rent still in force at December 31, $3,000. c. Office Supplies used, $1,700. d. Depreciation, $400. e. Accrued Salaries Expense at December 31, $360. Print Done - X at December 31, 2024, and alance.) Data table Enter any increases in retained rksheet.completed in Requirem ils Earnings er 31, 2024 Whitticker Anvils Unadjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash 10,300 Accounts Receivable 15,500 Prepaid Rent 3,100 Office Supplies 2,000 Equipment 32,000 Accumulated Depreciation-Equipment 7,000 Accounts Payable 6,300 Salaries Payable Unearned Revenue 5,400 Common Stock 15,000 Retained Earnings 17,500 Dividends 6,000 ng data.) Accounts Receivable 15,500 Prepaid Rent 3,100 Office Supplies 2,000 Equipment 32,000 Accumulated Depreciation-Equipment 7,000 6,300 Accounts Payable Salaries Payable Unearned Revenue any increases in retained Common Stock Retained Earnings Dividends eet completed in Requirem Service Revenue nings 2024 Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total Print Done 5,400 15,000 17,500 6,000 20,800 3,100 72,000 $ 72,000