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Dawson Hair Stylists's adjusted trial balance follows EEB (Click on the icon to view the adjusted tniail balance) (Cick on the icon to view the
Dawson Hair Stylists's adjusted trial balance follows EEB (Click on the icon to view the adjusted tniail balance) (Cick on the icon to view the statement of retained eanings.) Prepare Dawson's classified balance sheet at December 31, 2018 Assume the Notes Payable due on December 1,2025 U" the report form. Begin by preparing the asse: section of the belance shee:, hen prepare the liablities section and fnally the stockholders' equity section.(You must compute the ending balance of Retained Earnings. If a bax is not used in the balance sheet, leave the box empty: do not select a label o Dawson Hair Stylists Balance Sheet December 31, 2018 Data Table Dawson Hair Stylists Adjusted Trial Balance December 31, 2018 Dawson Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Nat income for the year Account Title Debit Credit 6,000 8,000 Accounts Receivable Ofice Supplies 1.000 700 20.100 5,500 Retained Earnings, December 31, 2013 $1.100 Accounts Payable Interest Payable Notes Payable Common Stock 3.200 12.150 500 Service Revenue Rant Expense Suppliss Expense 15,000 5,000 1,100 2.900 Interest Expense S 33,400 33,400 Total
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