Damon Hair Stylists' adjusted trial balance and income statement follow. Prepare Damon's statement of retained eamings for the year ended December 31, 2024. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement:) Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell) Damon Hair Stylists Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 20241 Retained Earnings, December 31, 2024 nework.aspx?homeworkid=643392847&questionid 156-SP-2023 adjuste on to vie Data table 0&backshttps:/mylab.p HW Score: 38.36%, Points: 0 of 1 x or the year ended Damon Hair Stylists Adjusted Trial Balance bs in retain December 31, 2024 Balance Account Title Debit Credit Statem Year Cash 600 Accounts Receivable 1.400 , January Office Supplies 900 Equipment 19.300 Accumulated Depreciation-Equipment Accounts Payable $ 1,100 700 Interest Payable os, Decemb Notes Payable 300 3.900 Common Stock Dividends 9,900 500 Get more p 54 25 R Print Done T MacBook Air 6 & 29 7 or amounts with at 8: . 8 U 9 61 DO F G H J K V B N M adjuste to view Data table Accounts Receivable Office Supplies Equipment in retain Accumulated Depreciation-Equipment Accounts Payable Statem Interest Payable + Year E Notes Payable January Common Stock Dividends Service Revenue Rent Expense Supplies Expense Decemt Depreciation Expense-Equipment Interest Expense Get more wep 4 $ Total 888 74 10 75 X Points or the y 1,400 900 19,300 for amo $ 1,100 700 300 3,900 9.900 500 13,500 4,100 800 1,100 700 $ 29,400 $ 29,400 Print Done MacBook Air 96 25 6 7 & 17 38 R T Y U . 8 D-ll F G H J A 8 6 K 156-SP-2023 Reference Question 5, SF4-2 (similar to) HW Score: 38.36 O Points: 0 of 1 ar end Damon Hair Stylist Income Statement Year Ended December 31, 2024 Revenues: Service Revenue $ 13,500 Expenses: Rent Expense 4,100 Interest Expense 700 Depreciation Expense-Equipment 1,100 800 Supplies Expense Total Expenses 6,700 $ 5,800 Net Income (Loss) Set more help 888 96 95 Print Done 66 MacBook Air & 29 7 R T Y U . 8 nts with Di DAD " 6 F G H J K 0