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Data Table Darell Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Debit Credit 1,600 1,700 600 19,300 $ 2,400 200 800 3,500 12,900 1,300 Print Done 1 Reference Darell Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 4,700 4,700 (1,300) 3,400 Net income for the year Dividends Retained Earnings, December 31, 2018 Print Done Begin by preparing the asset section of the balance sheet, then prepare the liabilities and retained earnings sections. (If a box is not used in the balance sheet, leave the box empty; do not select a label or enter a zero. Abbreviation used: Acc. Depr. Accumulated Depreciation.) Darell Hair Stylists Balance Sheet December 31, 2018 Assets Liabilities Less: Stockholders' Equity Accounts Payable Accounts Receivable Acc. Depr.-Equipment Cash Common Stock Depr. Expense-Equipment Dividends Equipment Interest Expense Interest Payable Notes Payable Office Supplies Retained Earnings Service Revenue Acc. Depr.-Equipment Cash Common Stock Depr. Expense-Equipment Dividends Equipment Interest Expense Interest Payable Notes Payable Office Supplies Rent Expense Retained Earnings Service Revenue Supplies Expense Darell Hair Stylists Balance Sheet December 31, 2018 Liabilities Expenses Revenues Total Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity