12:10 \begin{tabular}{|c|c|} \hline A & Paramount Moving and Storage \\ Statement of Retained Earnings \\ For the Year Ended December 31, 2023 \end{tabular} Retained Earrings, January 1, 2020 Add: Net income Less: Dividends Retained Earnings, December 31, 2020 PARAMOUNT MONNG AND STORAGE Unadjusted Trial Balance Nowember 30,2023 The following transactions occurred during the month of December, 2023: Dec. 2 Purchased $130 of office supplies on credit. 5 Paid insurance premiums of $8,100 in advance. 6 Paid $1,600 out for dividends. Deposited $8,700 of moving fees earned during the week. Purchased $1,560 of moving supplies on credit. Acquired truck worth $56,000 by paying $6,000 cash and signing a LT note payable for the balance. Paid wages of $2,850 for the period December 114. Received $180 as advance payment on storage rental. Deposited $4,700 of moving fees and $1,600 of storage fees. Paid $860 for truck repairs that were incurred during the week. Paid accounts payable of $720. Paid wages of $2,700 for the period December 1528. Paid $900 for advertisements that appeared in December. Deposited $6,260 of moving fees and $800 of storage fees. Adjustments: a. Interest expense on the notes payable was $24,700. b. Office supplies inventory was $180 on December 31 . c. Moving supplies inventory was $4,530 on December 31 . d. Unexpired insurance was $9,475 as of December 31 . e. Annual depreciation on the trucks was $50,350. f. Annual depreciation on the building was $7,400. g. Storage fees still owed as of December 31 were $650. Fees had been paid in advance but some has been earned. h. Unpaid wages of $610 as of December 31 need to be recorded. 12:10 \begin{tabular}{|c|c|} \hline A & Paramount Moving and Storage \\ Statement of Retained Earnings \\ For the Year Ended December 31, 2023 \end{tabular} Retained Earrings, January 1, 2020 Add: Net income Less: Dividends Retained Earnings, December 31, 2020 PARAMOUNT MONNG AND STORAGE Unadjusted Trial Balance Nowember 30,2023 The following transactions occurred during the month of December, 2023: Dec. 2 Purchased $130 of office supplies on credit. 5 Paid insurance premiums of $8,100 in advance. 6 Paid $1,600 out for dividends. Deposited $8,700 of moving fees earned during the week. Purchased $1,560 of moving supplies on credit. Acquired truck worth $56,000 by paying $6,000 cash and signing a LT note payable for the balance. Paid wages of $2,850 for the period December 114. Received $180 as advance payment on storage rental. Deposited $4,700 of moving fees and $1,600 of storage fees. Paid $860 for truck repairs that were incurred during the week. Paid accounts payable of $720. Paid wages of $2,700 for the period December 1528. Paid $900 for advertisements that appeared in December. Deposited $6,260 of moving fees and $800 of storage fees. Adjustments: a. Interest expense on the notes payable was $24,700. b. Office supplies inventory was $180 on December 31 . c. Moving supplies inventory was $4,530 on December 31 . d. Unexpired insurance was $9,475 as of December 31 . e. Annual depreciation on the trucks was $50,350. f. Annual depreciation on the building was $7,400. g. Storage fees still owed as of December 31 were $650. Fees had been paid in advance but some has been earned. h. Unpaid wages of $610 as of December 31 need to be recorded