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Using the Adjusted Trial Balance Below, complete the following steps: Record the account classification for each account listed on the Adjusted Trial Balance (A=Asset, L=Liability,

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Using the Adjusted Trial Balance Below, complete the following steps: Record the account classification for each account listed on the Adjusted Trial Balance (A=Asset, L=Liability, OE-Owner's Equity CAEContra Asset, COE=Contra Owner's Equity, R=Revenue, E=Expense. IS-Income Statement, SRE-Statement of Retained Earnings. BS Balance Sheet, P=Permanent, & T=Temporary) h. Prepare the Income Statement Prepare the Statement of Retained Earnings 4. Prepare the Balance Sheet A RECORD THE ACCOUNT CLASSIFICATION Account Classificatie Financial Statement Teet. No Account Tide EN Credial 101 Oh 76511 100 Accounts Recente 103 Supplies 3.347.00 104 Prepaid Insurance 33225.00 105 Prepaid Rent 5140 106 Inventory 13.471.00 301 Accounts Payable 50,41700 202 Wapos Payable 10,236.00 101 Retained Eaming 0.259.00 302 Walls 7,512.00 401 Service Reven 14, 102 Isles 35.SK 502 Rent Expense 503 Supplies Expense 1 852.00 SOS Miscellaneous Fispod 45.00 507 Advertising Expense 4215.00 Income Smy Total 151.783.00, 151,788.00 INCOME STATEMENT REVENUES Total Revenue EXPENSES Total Expenses c. STATEMENT OF RETAINED EARNINGS D. BALANCE SHEET Liabilities Total Liabilities Owner's Equity Total Owner's Equity Total Liabilities & OE Total Assets

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