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Cr. 420 Carla Vista Creek Golf Inc was organized on July 1, 2022. Quarterly financial statements are prepared. The trial balance and adjusted trial balance
Cr. 420 Carla Vista Creek Golf Inc was organized on July 1, 2022. Quarterly financial statements are prepared. The trial balance and adjusted trial balance on September 30 are shown as follows. CARLA VISTA CREEK GOLF INC. Trial Balance September 30, 2022 Unadjusted Adjusted Dr. Dr. Cr. Cash $6,500 $6,500 Accounts Receivable 630 1.280 Supplies 1.200 Prepaid Rent 1.700 850 Equipment 16,000 16,000 Accumulated Depreciation-Equipment $320 Notes Payable $5,500 5,500 Accounts Payable 1.800 1.800 Salaries and Wages Payable 610 Interest Payable 55 Unearned Rent Revenue 1.470 800 Common Stock 14.600 14.800 Retained Earnings 0 0 Dividends 500 500 Service Revenue 17,600 18.250 Rent Revenue 1.140 1.810 Salaries and Wages Expense 8,940 9.550 Rent Expense 770 1620 Depreciation Expense 320 Supplies Expense 780 Utilities Expense 5.670 5870 Interest Expense 55 $42110 $42.110 $43745 62) Your answer is partially correct Prepare a retained earnings statement for the 3 months ending September 30. (List items that increase ret CARLA VISTA CREEK GOLF INC. Retained Eamings Statement For the Quarter Ended September 30, 2022 $ Net Income /(Loss 0 Add V: Net Income/(Los) 2545 Dividends 300 2245
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