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i Data Table Office furniture Utilities expense. Accounts payable. Note payable Service revenue Accounts receivable. Supplies expense. $ 25,000 Rent expense 5,800 Cash 9,500 Office
i Data Table Office furniture Utilities expense. Accounts payable. Note payable Service revenue Accounts receivable. Supplies expense. $ 25,000 Rent expense 5,800 Cash 9,500 Office supplies 21,500 Salaries expense 161,000 Salaries payable 4,500 Property tax expense 4,100 Equipment 32,000 17,700 1,200 35,000 1,500 2,600 41,000 Print Done 2. Prepare the income statement of Adessa Consulting, Inc., for the year ended December 31, 2018. What is the result of operations for 2018? 3. Assuming the balance in Retained earnings on December 31, 2018, was $31,500, what was the amount of the dividends during the year? Answer by preparing a statement of retained earnings to solve for the dividends. Recall that the business has just completed its first year and has no beginning balance for retained earnings. Print Done Requirement 3. Assuming the balance in Retained earnings on December 31, 2018 was $31,500, what was the amount of the dividends during the year? Answer by preparing a statement of retained earnings to solve for the dividends. Recall that the business has just completed its first year and has no beginning balance for retained earnings. Start with the heading and then complete the rest of the statement. (Enter "0" for zero balances.) Add: Subtotal Less
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