(Solved): The adjusted trial balance for Happ Company follows. a. Use the adjusted trial balance to prepare ...

The adjusted trial balance for Happ Company follows. a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of retained earnings. The Retained earnings account balance was $$\$51,030$$ on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Use the adjusted trial balance to prepare the December 31 year-end income statement. Use the adjusted trial balance to prepare the December 31 year-end statement of retained earnings. The Retained earnings account balance was $$\$51,030$$ on December 31 of the prior year. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. (Amounts to be deducted should be indicated with a minus sign.)