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can somebody explain please? Balance sheet The sccount balances of A-One Travel Service for the year ended August 31, 20Y6, follow: Cash dividends of $30,600

can somebody explain please?
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Balance sheet The sccount balances of A-One Travel Service for the year ended August 31, 20Y6, follow: Cash dividends of $30,600 were paid during the year. Retained earnings as of September 1, 20y5, were $217,000 Prepare a balance sheet as of August 31, 20Y6. When entering assets, enter them in order of liquidity. Cash ovidends of $30,600 were paid during the vear. fuetained earnings as of September 1, 20Y5; were $217,000. Prepare a balance sheet as of August 31,20y6. When entering assets, enter them in order of liquidity

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