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pls do the statement of retained earnings Listed below are the transactions of Gary King, D.D.S., for the month of September. Sept. 1 2 4

pls do the statement of retained earnings
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Listed below are the transactions of Gary King, D.D.S., for the month of September. Sept. 1 2 4 King begins practice as a dentist, invests $20,600 cash and issues 2,060 shares of $10 par stock. Purchases dental equipment on account from Green Jacket Co. for $18,780. Pays rent for office space, $640 for the month. Employs a receptionist, Michael Bradley. Purchases dental supplies for cash $940. Receives cash of $1,860 from patients for services performed. 4 5 8 10 Pays miscellaneous office expenses, $380. 14 Bills patients $5,850 for services performed. 18 Pays Green Jacket Co. on account, $3.740. 19 Pays a dividend of $3,100 cash. 20 Receives $920 from patients on account. 25 Bills patients $2,150 for services performed. 30 Pays the following expenses in cash: Salaries and wages $ 1,680; miscellaneous office expenses $88. 30 Dental supplies used during September, $370. Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value. Credit Debit $12,812 $7,080 $570 $18,780 $313 $15,040 $20,600 SO Gary King, D.D.S. Trial Balance For the Month Ended September 30 Account Title Cash ($20,600 - $640 - 5940 + $1,860 - $380 - $3,740 - $3,100 + $920 - $1,680 - $88) Accounts Receivable ($3,850 - $920 + $2,150) Supplies($940 - $370) Equipment Accumulated Depreciation-Equipment Accounts Payable ($18,780 - $3,740 Common Stock (2,060 shares, $10 par stock) Retained Earnings Dividends Service Reveme ($1,860 + $5,850 + $2,150 Depreciation Expense ($3,756 1/12) Supplies Expense Salaries and wages Expense Office Expense ($380 + $88) Rent Expense Totals Workings: Depreciation Expense SLM Method (Cost - Salvage value) Useful life =($18,780 - SO) / 5 years = $3,756 $3,100 $9,860 $313 $370 $1.680 S468 $640 S45,813 $45,813 trial balance for month of September credits debits 12,812.00 7,080.00 570.00 18,780.00 313.00 15,040.00 20,600.00 cash account receivable dental supplies dental equipment accumulated depreciation account payable common stock dividend service Revenue depreciation expenses (18780/5*1:12) rent expense miscellaneous expenses salary and wages expenses supplies expenses total 3,100.00 9,860.00 313.00 640.00 468.00 1,680.00 370.00 45,813.00 45,813.00 $640 GARY KING, D.D.S. Income Statement For the Month Ended September 30 Service Revenues Expenses: Rent Expenses Supplies Expenses Depreciation Expenses Salaries and Wages Expenses Office Expenses Total Expenses Net Income / (Loss) $370 $313 $1,680 $468 (c2) Prepare a retained earnings statement. (List items that increase owner's equity first.) GARY KING, D.D.S. Statement of Retained Earnings $ > $ e Textbook and Media List of Accounts Save for Later Attempts

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