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hello can you olease help with St Retained earnings GL0202 (Algo) - Based on Exercise 2-13 Prepare journal entries for each transaction and identify the
hello can you olease help with St Retained earnings
GL0202 (Algo) - Based on Exercise 2-13 Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. January 1K. Wright, owner, invested $154,750 cash in the compang in exchange for common stock. January 2 The company purchased supplies for $3,050 cash. January 3 The company purchased $14,050 of equipment on credit. January 4 The company received $19,100 cash for services provided to a customer. January 5 The company paid $14,050 cash to settle the payable for the equipment purchased on January 3 . January 6 The company billed a customer $4,500 for services provided. January 7 The company paid $3,025 cash for the monthly rent. January 8 The company collected $2,475 cash as partial payment for the account receivable created on Janua January 9 The company paid $12,500 cash in dividends to the owner (sole shareholder). Review the statement of retained earnings and indicate how the statement is linked to the other financial statements Step by Step Solution
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