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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 $ EA Balance Debit 1,200 1,700 1,100 19,200 1,600 4,700 400 1,500 $ Credit 1,500 500 950 3,500 11,250 14,300 Casil 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 Interest Expense Total $ 1,200 1,700 1,100 19,200 $ 1,600 4,700 400 1,500 600 32,000 $ 1,500 500 950 3,500 11,250 14,300 32,000 Denver Hair Stylists Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 Net income for the year Dividends Retained Earnings, December 31, 2024 $ $ 0 7,100 7,100 (1,600) 5,500 Less: Denver Hair Stylists Balance Sheet December 31, 2024 Assets Liabilities