Damon Hair Stylists's adjusted trial balance and statement of retained earnings follow. Prepare Damon's unclassifed balance sheet at December 31, 2024 Use the account form (Click on the icon to view the adjusted trial balance ) (Click on the icon to view the statement of retained earnings.) Begin by preparing the asset section of the balance sheet, then prepare the liabilities and stockholders' equity sections. (If a box is not used in the balance sheet, leave the box empty, do not select a label or enter a zero Abbreviation used Acc. Der Accumulated Depreciation X Damon Hair Stylists Reference Balance Sheet December 31, 2024 Assets Liabilities Damon Hair Stylists Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings January 1, 2024 $ 0 9.700 Net income for the year Stockholders' Equity Less 9,700 (1,600) Dividends $ 8,100 Retained Earnings, December 31, 2024 Print Done - Data table Damon Hair Stylists Adjusted Trial Balance December 31, 2024 Balance Debit Credit Account Title Cash $ GOO 500 Accounts Receivable Office Supplies 400 Equipment 20.000 Accumulated Depreciation-Equipment 1,100 Accounts Payable 100 Interest Payable 700 Notes Payable 3,600 Common Stock 7.900 Dividends 1,600 Service Revenue 16.700 Rent Expense 4,100 Print Done NU me ne Data table 600 Cash Accounts Receivable 500 400 Office Supplies 20 000 Equipment $ Accumulated Depreciation-Equipment 1,100 100 Accounts Payable 700 Interest Payable Notes Payable 3,600 7.900 Common Stock Dividends 1.600 Service Revenue 16.700 Rent Expense 4,100 Supplies Expense 200 Depreciation Expense-Equipment 1.100 1,600 Interest Expense 30,100 $ 30,100 Total Print Done