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need help answering Credit $ 22,500 50,000 208 Rent pas 2,500 Adjusteu irial balance December 31, 2017 No. Account Title Debit 101 Cash $ 8,000

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Credit $ 22,500 50,000 208 Rent pas 2,500 Adjusteu irial balance December 31, 2017 No. Account Title Debit 101 Cash $ 8,000 104 Short-term investments 24,500 126 Supplies 9, 200 128 Prepaid insurance 8,800 167 Equipment 45,000 168 Accumulated depreciation-Equipment 173 Building 150,000 174 Accumulated depreciation-Building 183 Land 67,950 201 Accounts payable 203 Interest payable payable 213 Property taxes payable 319 Bages 233 Unearned professional fees 251 Long-term notes payable 307 Common stock 318 Retained earnings 319 Dividends 11, 100 401 Professional fees earned 406 Rent earned 100 Tota 409 Interest earned 606 Depreciation expense-Building 11,000 612 Depreciation expense-Equipment 6, 750 623 Wages expense 29,500 633 Interest expense 3,800 637 Insurance expense 640 Rent expense 13, 100 652 Supplies expense 6,300 682 Postage expense 683 Property taxes expense 3,700 684 Repairs expense 688 Telephone expense 2,400 690 Utilities expense 4,100 Totals $423,500 15,500 2,300 3,400 2, 200 1,300 7, 700 67,500 8,000 121,400 407 Dividends earned 100,000 17,000 2,400 2,300 8,800 7,000 $423,500 The December 31, 2016, credit balance of the Retained Earnings account was $121,400. Tybalt Construction is required to make a $8,000 payment on its long-term notes payable during 2018. Required 1A Required 1B Required 1C Required 2 Required 3 Prepare the statement of retained earnings for the calendar year 2017. TYBALT CONSTRUCTION Statement of Retained Earnings For Year Ended December 31, 2017 Retained earnings, Dec. 31, 2016 0 Retained earnings, Dec. 31, 2017 $ 0

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