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Pago a 80 o DO I - 200 Skolnick Co. was organized on April 1, 2017. The company prepares quarterly financial statements. The adjusted trial

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Pago a 80 o DO I - 200 Skolnick Co. was organized on April 1, 2017. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Debit Credit Cash $ 6,700 Accumulated Depreciation Equipment S 850 Accounts Receivable 600 Notes Payable 5,000 Prepaid Rent 900 Accounts Payable 1,510 Supplies 1,000 Salaries and Wages Payable 400 Equipment 15,000 Interest Payable 50 Dividends 600 Unearned Rent Revenue 500 Salaries and Wages Expense 9,400 Common Stock 14,000 Rent Expense 1,500 Retained Earning Depreciation Expense 850 Service Revenue 14,200 Supplies Expense 200 Rent Revenue 800 Utilities Expense 510 Interest Expense 50 $37,310 $37,310 (a) Determine the net income for the quarter April 1 to June 30. (b) Determine the total assets and total liabilities at June 30, 2017, for Skolnick Co. (c) Determine the balance in Retained Earnings at June 30, 2017 -68 LO Pago of 90 - ZOOM O IT! Trial Balance a) Determine the net income for the quarter April 1 to June 30. LO4

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