Homework: Chapter 4 Homework 1 [Required] Score: 0 of 1 pt 2 of 10 (0 complete) HW Score: 0%,00 S4-2 (book/static) Question Help Dalton Hair Stylists' adjusted trial balance and income statement follow. Prepare Dalton's statement of retained earnings for the year ended December 31, 2018. (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 "O" in the appropriate cell.) Data Table - X Dalton Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Credit $ Debit 1,300 1,500 1,800 20,900 Retained Eamings, December 31, 2018 2,200 400 Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment 500 3,100 16,150 1,400 13,800 3,900 850 Choose from any list or enter any number in the input fields and then click Check Answer. 2,200 2,300 Interest Expense All parts showing Clear All eck Answer $ 36,150 S 36,150 Homework: Chapter 4 Homework 1 [Required] Score: 0 of 1 pt 2 of 10 (0 complete) HW Score: 0%,00 S4-2 (book/static) Question Help Dalton Hair Stylists' adjusted trial balance and income statement follow. Prepare Dalton's statement of retained earnings for the year ended December 31, 2018. (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 'O' in the appropriate cell.) i Reference - X Dalton Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Dalton Halr Stylists Income Statement Year Ended December 31, 2018 Revenues: Retained Eamings, December 31, 2018 $ 13,500 Service Revenue Expenses: Rent Expense Interest Expense Depreciation Expense-Equipment 3,900 2,300 2,200 850 Supplies Expense Total Expenses 9.250 $ 4,550 Net Income (Loss) Choose from any list or enter any number in the input fields and then click Check Answer. Print [ Done] Print Done All parts showing Clear A Check