Please use the following adjusted Trial Balance for Great Adventures, Inc. to complete

Please use the following adjusted Trial Balance for Great Adventures, Inc. to complete this assignment. Assume that Great Adventures, Inc. began its operations on January 1, 2017. There were no identifiable transactions in 20016. 

GREAT ADVENTURES, INC.

Adjusted Trial Balance

December 31, 2018

Accounts                                                                  Debit              Credit

Cash                                                                             64,200

Prepaid insurance                                                           2,400

Prepaid rent                                                                   1,600

Supplies (Office)                                                             300

Supplies (Racing)                                                            200

Equipment (Bikes)                                                        12,000

Accumulated depreciation                                                                         8,000

Accounts payable                                                                                      2,800

Income tax payable                                                                                   14,000

Interest payable                                                                                            750

Notes payable                                                                                          30,000

Common stock                                                                                         20,000

Dividends                                                                      4,000

Service revenue (Clinic)                                                                            52,900

Service revenue (Racing)                                                                          20,000

Advertising expense                                                      1,000

Depreciation expense                                                    8,000

Income tax expense                                                     14,000

Insurance expense                                                         2,400

Interest expense                                                               750

Legal fees expense                                                        1,500

Miscellaneous expense                                                  1,200

Rent expense                                                                   800

Salaries expense                                                           2,000

Supplies expense (Office)                                             1,500

Supplies expense (Racing)                                           2, 600

TOTALS                                                           148,450                148,450

You are asked to prepare the following statements:

Income Statement for the year ending December 31, 2017

Statement of Retained Earnings for the year ending December 31, 2017

Statement of Stockholders Equity for the year ending December 31, 2017

Balance Sheet at December 31, 2017

Statement of Cash Flows for the year ending December 31, 2017

Please prepare each statement on a separate tab in an Excel spreadsheet workbook.