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Bridgeport Music Worksheet For the Year Ended December 31, 2020 Prepare an income
statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or
parentheses e.g. Prepare a retained earnings statement. (List items that increase retained earnings
first.) BRIDGEPORT MUSIC Retained Earnings Statement NT$ NT$ eTextbook and Media
List of Accounts Prepare a classified statement of financial position. (List Current Assets in the
reverse order of liquidity.) Prepare the closing entries. (Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no entry is

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