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The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the...

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Accounting

The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:

1.

an income statement.

2.

a retained earnings statement.

3.

a balance sheet.

RYAN FINANCIAL PLANNERS

Adjusted Trial Balance

December 31, 2014

Debit

Credit

Cash

$ 3,400

Accounts Receivable

3,200

Supplies

1,800

Equipment

15,000

Accumulated DepreciationEquipment

$ 3,000

Accounts Payable

3,300

Unearned Service Revenue

5,000

Common Stock

10,000

Retained Earnings

4,400

Dividends

2,000

Service Revenue

5,200

Supplies Expense

600

Depreciation Expense

2,000

Rent Expense

2,900

______

$30,900

$30,900

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