The adjusted trial balance of C.S. Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, 2018:
1. an income statement.
2. a retained earnings statement.
3. a balance sheet. 
Definitions:
Business Risk
The exposure a company or investor faces due to uncertainties in the market or industry, impacting the company's ability to generate profits.
Financial Risk
The possibility of losing money on an investment or business venture, including risks related to currency, interest rates, and solvency.
Debt/Equity Ratio
A ratio exemplifying the balance of equity to debt in the financing structure for a company’s assets.
Interest Tax Shield
A deduction allowed for the interest paid on debt, thereby reducing taxable income and the total tax owed.
Q11: A company's calendar year and fiscal year
Q23: Compute the net income for 2018
Q95: A compound journal entry involves<br>A) two accounts.<br>B)
Q109: Sales Returns and Allowances and Sales Discounts
Q119: After a transaction has been posted, the
Q123: Accrued revenues are revenues that have been
Q137: Which of the following is not a
Q140: The IASB and FASB are working on
Q142: Financial information is presented below: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6274/.jpg"
Q155: The procedure of transferring journal entries to