VD The adjusted trial balance of Binney Irrigation System at December 31, 2018, follows: T(Cick the icon to view the adjusted trial balance) Read the requirements Requirement 1. Prepare the company's income statement for the year ended December 31, 2018. (If a box is not used in the statement, leave the box emply, do not select a label or enter a zero Use a minus sign of parentheses to show a netloss.) Brinney irrigation System Income Statement Year Ended December 31, 2018 Choose from any list or enter any number in the input fields and then continue to the next question PM The adjusted trial balance of Brinney Irrigation System at December 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. - Brinney Irrigation System Income Statement Year Ended December 31, 2018 Net Income (Loss) Choose from any list or enter any number in the input fields and then continue to the next qu Type here to search BI Data Table Brinney Irrigation System Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title Cash $ 13,000 47,500 27,700 6,400 58,000 $ 20,000 Accounts Receivable Office Supplies Prepaid Insurance Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Salaries Payable Unearned Revenue 24,600 6,700 35.900 1,800 4,200 1,100 Nota Dablo 3 B0700 inu Print Done Data Table -X 6,700 35,900 1,800 4,200 1,100 28,700 19,000 16,000 Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense Equipment Depreciation Expense-Building 3,500 63,000 800 17,100 1.400 1,800 2,800 1,000 201,000 $ s 201,000 Total Print Done The adjusted trial balance of Brimney migation System at December 31, 2018, follows Click the icon to view the adjusted trial balance) Read the requirements Net income (Loss) Requirement 2. Prepare the company's statement of retained earnings for the year ended December 31, 2018. Enter any increases in retained carings prior to the total and any decreases to retained earnings below the subtal Beinney Irrigation System Statement of Retained Farnings Year Ended December 31, 2018 Retained Earrings, January 1, 2018 Retained Earnings, December 31, 2018 Requirement. Prepare the company's case balance sheet in report format December 31, 2018 a box is not used in the balance sheet, leave the boxy, do not belona) Binney Invigation System Balance Sheet Choose from any list or enter any number in the input fields and then continue to the next question 9:21 PM 1 of 2 (0 complete) The adjusted trial balance of Brinney Irrigation System at December 31, 2018, follows: (Click the icon to view the adjusted trial balance) Read the requirements Retained Earings, December 31, 2018 Requirement 3. Prepare the company's classified balance sheet in report form at December 31, 2018. (If a box is not used in the balance sheet, leave the box emply do not select a label or enter a zero) Brinney Irrigation System Balance Sheet December 31, 2018 Assets Choose from any list or enter any number in the input fields and then continue to the next question The adjusted trial balance of Brimney Inligation System at December 31, 2018, flows. (Oick the loon to view the adused trial balance) Read the requirements Requirements. Prepare the company's danified balance sheet in report format December 21, 2018. (Pabox is not used in the balanc Brinney Irigation system Balance sheet December 31, 2013 Accets Los Llabetes holders' Equity NI The adjusted trial balance of Brinney Irrigation System at December 31, 2018, follows: (Click the icon to view the adjusted trial balance) Read the requirements Requirement 4. Journalize the dosing entries for Brinney Irrigation System (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues Date Accounts and Explanation Debit Credit Dec. 31 Clos (1) Close expenses for the period. Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Choose from any list or enter any number in the input fields and then continue to the next question The adjusted trial balance of Brinney Irrigation System at December 31, 2018, follows: BE (Click the icon to view the adjusted trial balance.) Read the requirements Close Income Summary Date Accounts and Explanation Debit Credit Dec. 31 Clos. (3) Close Dividends. Date Accounts and Explanation Debit Credit Dec 31 Clos. (4) Requirement 5. Compute the company's current ratio at December 31, 2018 At December 31, 2017, the current ratio was 2.5. Did the company Choose from any list or enter any number in the input fields and then continue to the next question Requirement 5. Compute the company's current ratio at December 31, 2018 At December 31, 2017, the current ratio was 25 Did the company's ability to pay debt over deteriorat, rodroma e me? Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places) Current ratio Since the current ratio was 25 one year ago Brinney's ability to pay its currenties has Choose from any list or enter any number in the input folds and then continue to the next question, Type here to search O