Given the adjusted trial balance below prepare in good form

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Given the adjusted trial balance below, prepare (in good form) an income statement, statement of retained earnings, and balance sheet. The name of the business is Palo Verde Landscaping Services and the accounting period coincides with the calendar year.

Palo Verde Landscaping Services

Adjusted Trial Balance

December 31, 20x5

Cash

$   795


Accounts Receivable

1,800


Supplies

30


Prepaid Insurance

30


Office Equipment

3,000


Accumulated Depreciation-Office Equipment


$ 450

Accounts Payable


1,800

Salaries Payable


105

Common Stock


1,000

Retained Earnings


1,100

Service Revenue


3,300

Salaries Expense

1,680


Supplies Expense

120


Insurance Expense

150


Depreciation Expense-Office Equipment

       150

______


$7,755

$7,755

Reference no: EM13578470

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