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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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