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Consider the unadjusted trial balance of Royals, Inc. at December 31, 2023, and the related month-end adjustment data. (1) (Click the icon to view the montheond adjustment data.) Requirements 1. Propare the adjusted trial balance of Foyals, inc. at December 31,2023 . The unadjusted balances have been entered for you, Key aach adjusting entry by letber, 2. Prepare the single-step monthly income statement, the stadement of retained earnings, and the classified balance sheet. Requirement 1. Using the worksheed, prepare the adjusted trial balance of Royals, Inc, at December 31, 2023. The unadjusled balances have been enlered for you. Koy each adjusting entry by letter. Caiculate the total debits and credits, Then calculate the adjusted balance of each account and total the debit and credit columns in the adjusted trial balance. More info Adjustment data at December 31, 2023: a. Accrued service revenue at December 31,$2,790. b. Prepaid rent expired during the month. The unadjusted prepaid balance of $3,600 relates to the period December 1, 2023 through February 28, 2024. c. Supplies used during December, $1,320. d. Depreciation on furniture for the month. The estimated useful life of the furniture is five years. e. Accrued salary expense at December 31 for Monday. Tuesday and Wednesday. The five-day weekly payroll of $14,000 will be paid on Friday. For the purpose of this calculation, assume December 31 falls on a Wednesday. Consider the unadjusted trial balance of Royals, Inc. at December 31, 2023, and the related month-end adjustment data. Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have boen entered for you. Key each adjusting entry by letter 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet Requirement 1. Using the worksheet, prepare the adjusted trial balance of Royals, Inc., at Docember 31, 2023. The unadjusted balances have been entered for you. Ke) each adjusting entry by letter. Calculate the total debits and credits. Then calculate the acfusted balance of each acoount and total the debit and credit columns in the adjusted trial balanice. Consider the unadjusted trial balance of Royals, lnc. at Dececnber 31, 2023, and the related month-end adjustment data. (Cick the icon to vierw the month-end adjustrment data.) Requirements 1. Prepare the acfusted trial balance of Royals. Inci at December 31, 2023. The unadjusted balances havo been entered for you. Key each adjusting entry by ledec. 2. Prepare the single-step monthly income statement, the statement of cetained earnings, and the cinssifed balance sheet. Consider the unadjusted trial balance of Royals, Inc. at December 31, 2023, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by le 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Consider the unadjusted trial balance of Royals, Inc at December 31, 2023, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letier, 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Requirement 2. Prepare the single-step monthly income statemen, the statement of retained earnings, and the classified balance sheet. Begin by preparing the income statement. (If an inpat field is not used in the statement leave the field empty; do not select a label or enter an zoro.) Review the adiusted trial balance comoleted in Reouirement 1. Consider the unadjusted trial balance of Royals, Inc. at December 31,2023 , and the related month-end adjustment data. 1. (Click the lcon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by lethee. 2. Prepare the single-step monthly income statement, the statement of retained eamings, and the classified balance sheet: Requirement 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet Begin by preparing the income statement. (if an input feld is not used in the statement leave the field emply; do not select a label or enter a zero.) Review the adjusted trial balince completed in Requirement 1. Consider the unadjusted trial balance of Royals, Inc. at December 31,2023 , and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc, at December 31,2023 . The unadjusted balances have been entered for you. Key eacl 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Consider the unadjusted trial balance of Royals, Inc. at December 31, 2023, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key ea 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.) Review the adjusted trial balance completed in Requirement 1. Royals, Inc. Statement of Retained Earnings Manth Fnded Naramher 31 3n?3 Consider the unadjusted trial balance of Royals, Inc. at December 31,2023 , and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31,2023 . The unadjusted balances have been entered for you. K 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Finally, prepare the balance sheet. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zer Review the adiusted trial balance completed in Requirement 1. Consider the unadjusted trial balance of Royals, Inc. at December 31, 2023, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letlot. 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Finally, prepare the balance sheet. (If an input field is not used in the statement leave the field empty; do not select a label or enter a zero.) Review the adjusted trial balance completed in Requirement 1. Consider the unadjusted trial balance of Royals, Inc. at December 31,2023 , and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 2. Prepare the single-step monthly income statement, the statement of rotained earnings, and the classified balance sheet. Consider the unadjusted trial balance of Royals, Inc, at December 31, 2023, and the related month-end adjustrment data. (Click the icon to view the month-end adjustment data.) Requirements 1. Prepare the adjusted trial balance of Royals, Inc. at December 31, 2023. The unadjusted balances have been entered for you. Key each adjusting entry by letter. 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheot

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