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only need 5b and 6b solved please. income statement from 4b is: Fees earned: 1,475,000. office expense: 320,000. Miscellaneous expense: 28,000. Wages expense: 885,000 PE

image text in transcribedonly need 5b and 6b solved please. income statement from 4b is: Fees earned: 1,475,000. office expense: 320,000. Miscellaneous expense: 28,000. Wages expense: 885,000

PE 1-5B Using the income statement for Sentinel Travel Service shown in Practice Exercise 1-4B prepare a retained earnings statement for the year ended August 31, 2016. Barb Schro- eder invested an additional $36,000 in the business in exchange for common stock, and $18,000 of dividends were paid during the year. Retained earnings as of September 1, 2015, were $300,000. EE 1-5 17 Retained earnings statement OBJ. 5 ME HOw EE 1-6 p 19 PE 1.6A Balance sheet OBJ. 5 Using the following data for Ousel Travel Service as well as the retained earnings state- ment shown in Practice Exercise 1-5A, prepare a balance sheet as of November 30, 2016: 62,500 186,000 308,000 480,000 16,500 ME HOW Accounts receivable EE1-6 p.19 PE 1-6B Balance sheet OBJ. 5 Using the following data for Sentinel Travel Service as well as the retained earnings state- ment shown in Practice Exercise 1-5B, prepare a balance sheet as of August 31, 2016: 44,600 75,500 45,400 310,000 4,700 ME HOW Accounts receivable

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