The adjusted trial balance of Gibson Company for the year ended December 31, 2019, is as follows:

Instructions
Prepare a multiple-step income statement, retained earnings statement, and a classified balance sheet. The notes payable is due on January 10, 2020.

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Debit Credit 6,400 2,700 6,300 10,000 7,500 Cash Accounts Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation -Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense 300 1,000 1,100 600 17,000 11,000 13,000 100 8,000 1,400 700 60 40 44,100 $44,100