III Homework: Chapter Devon Hair Stylists adjusted trial balance and income statement follow Prepare Devon's statement of retained earings for the year ended December 31, 2024 (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 nubtotal and any decreases to retained earnings below the subtotal, (For amounts with a 80 balance, make sure to enter "Oin the Devon Hair Stylists Statement of Retained Earnings Year Ended December 31, 2024 Retained Eminos January 1, 2024 Retained Earnings, December 31, 2024 Devon Hair Stylists Adjusted Trial Balance December 31, 2024 Account Title Balance Debit Credit Cash $ 1,200 Accounts Receivable 1,300 Office Supplies 1,900 19,900 $ 1,500 Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable 200 1,000 3,300 Common Stock 11,000 Dividends 700 Service Revenue 15.900 Rent Expense 5,400 Print Done Help Data Table Cash $ 1.200 Accounts Receivable 1,300 1,900 19,900 $ 1,500 200 1,000 Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense 3,300 11,000 700 15.900 5,400 400 1,500 600 $ 32,900 $ 32,900 Total Print Done Help Prepare Devon's statement of retained oaminas 101 Reference $ 15,900 Devon Hair Stylists Income Statement Year Ended December 31, 2024 Revenues: Service Revenue Expenses: Rent Expense Interest Expense Depreciation Expense-Equipment Supplies Expense Total Expenses Net Income (Loss) 5,400 600 1,500 400 7.900 $ 8,000 Print Done et More Help . MacBook Pro