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Create balance sheet and statement of retained earnings

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Question - York Yammers has finished its journal entries and adjusting entries for the month of February 2020. The adjusted trial balance is shown below.

Account Titles DR CR

Cash $8,750

Accounts Receivable $8,000

Prepaid Insurance $1,070

Equipment $63,860

Accumulated Depreciation-Equipment $1,330

Accounts Payable $9,810

Interest Payable $80

Unearned Revenue $5,350

Bank Loan $15,380

Contributed Capital $39,640

Retained Earnings $10,000

Dividends $1,680

Service Revenue $5,330

Advertising Expense $240

Depreciation Expense $430

Insurance Expense $470

Interest Expense $440

Rent Expense $1,980

Total $86,920 $86,920

Required - Create the balance sheet, statement of retained earnings, and income statement for the company. You are not required to give any subtotals for income statement or balance sheet such as gross profit or current assets.

Reference no: EM132632290

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