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Cash $11,000 $11,000 Accounts Receivable 8,040 8,690 Supplies 2,870 1,100 Prepaid Insurance 4,000 2,550 15,000 Equipment 15,000 Accumulated Depreciation-Equipment $3,375 $4,575 Accounts Payable 5,210 5,210

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Cash $11,000 $11,000 Accounts Receivable 8,040 8,690 Supplies 2,870 1,100 Prepaid Insurance 4,000 2,550 15,000 Equipment 15,000 Accumulated Depreciation-Equipment $3,375 $4,575 Accounts Payable 5,210 5,210 Salaries and Wages Payable 1,380 O Unearned Rent Revenue 2,200 1,250 Common Stock 18,120 18,120 Retained Earnings 5,080 5,080 Dividends 2,640 2,640 34,730 Service Revenue 34,080 12,500 Rent Revenue 13,450 Salaries and Wages Expense 16,580 17,960 Supplies Expense 1,770 O Rent Expense 20,435 20,435 Insurance Expense 1,450 Depreciation Expense 1,200 CARLA VISTA CO. Income Statement $ $ Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) CARLA VISTA CO. Retained Earnings Statement A HA Prepare the classified balance sheet at August 31. (List Current Assets in order of liquidity.) CARLA VISTA CO Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $ $

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