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Prepare a retained earnings statement for September. (List items that increase retained earnings first.) On August 31, the balance sheet of La Brava Veterinary Clinic

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Prepare a retained earnings statement for September. (List items that increase retained earnings first.) On August 31, the balance sheet of La Brava Veterinary Clinic showed Cash $9,000, Accounts Receivable $1,700, Supplies $600, Equipment $6,000, Accounts Payable $3,600, Common Stock $13,000, and Retained Earnings $700. During September, the following transactions occurred. 1. Paid $2.900 cash for accounts payable due. 2. Collected $1,300 of sccounts receivable. 3. Purchased additional equipment for $2,100, paying $800 in cash and the balance on account. 4. Recognized revenue of $7,300, of which $2,500 is collected in cash and the balance is due in October. 5. Declared and paid a $400 cash dividend. 6. Paid salaries $1,700, rent for September $900, and advertising oxpense $200. 7. Incurred utilities expense for month on account $170. 8. Received $10,000 from Capital Bank on a 6 month note payable Prepare a retained earnings statement for September. (List items that increase retained earnings first.) On August 31, the balance sheet of La Brava Veterinary Clinic showed Cash $9,000, Accounts Receivable $1,700, Supplies $600, Equipment $6,000, Accounts Payable $3,600, Common Stock $13,000, and Retained Earnings $700. During September, the following transactions occurred. 1. Paid $2.900 cash for accounts payable due. 2. Collected $1,300 of sccounts receivable. 3. Purchased additional equipment for $2,100, paying $800 in cash and the balance on account. 4. Recognized revenue of $7,300, of which $2,500 is collected in cash and the balance is due in October. 5. Declared and paid a $400 cash dividend. 6. Paid salaries $1,700, rent for September $900, and advertising oxpense $200. 7. Incurred utilities expense for month on account $170. 8. Received $10,000 from Capital Bank on a 6 month note payable

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