Use the Adjusted Trial Balance provided to prepare financial statements for ABC Corporation for the month of January. You are only responsible for preparing the Income Statement, Statement of Retained Earnings, and classified Balance Sheet.

Cash Petty Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Office Supplies Land Building Accumulated Depreciation - Building Store Fixtures Accumulated Depreciation - Store Fixtures Delivery Truck Accumulated Depreciation - Delivery Truck Investment in Ridge County Bonds Accounts Payable Cash Dividends Payable Notes Payable Interest Payable Bonds Payable Discount on Bonds Payable Common Stock, $1 Par Value ABC Corporation Adjusted Trial Balance January 31, 20xx Paid-in Capital in Excess of Par - Common Stock Paid-in Capital - Treasury Stock Retained Earnings Cash Dividends Treasury Stock Sales Cost of Merchandise Sold Advertising Expense Office Supplies Expense Depreciation Expense - Building Depreciation Expense - Store Fixtures Depreciation Expense-Delivery Truck Utilities Expense Bad Debt Expense Misc Expense Interest Expense Interest Revenue $425.834 $ $ $ $ $ $ 69 $ $ $ $ $ $ $ $ 69 69|69|69|EA|A|A|A|A $ $ $ $ $ $ $ $ 100 73,500 238,700 350 50.000 150,000 10,000 60,000 800,000 62,520 42,000 1,500 35,300 2,000 182 417 167 833 1.200 5.000 55 1,270 $ $ $ $ $ $ $ $ 2,205 834 334 215,000 42,000 60.000 210 $1,000,000 $ 833 $ 25,000 $ 475.000 $ 1,800 $ 18.912 $ 113,800 5,000 $ 1,960,928 $1,960,928 Financial Statements Name ABC Corporation ABC Corporation Income Statement For the month ended January 31, 20xx ABC Corporation Statement of Retained Earnings For the month ended January 31, 20xx ABC Corporation Balance Sheet January 31, 20xx Assets Liabilities Stockholders' Equity