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Prepare a retained earnings statement for the year. Plevin did not make any capital investments during the year. (list items that increase retained earnings first)
Prepare a retained earnings statement for the year. Plevin did not make any capital investments during the year. (list items that increase retained earnings first)
PLEVIN COMPANY Income Statement For the Year Ended July 31, 2015 Revenues Service Revenue 63056 Rent Revenue 6,969 T Total Revenues MARIANA 70025 Expenses Salaries and Wages Exp EXET 55750 Utilities Expense 15183 Depreciation Expense 9350 Total Expenses 80283 Net Income / (Loss) -10258 SHOW LNT OF ACCOUNTS LINK TO TEXT (2) Prepare an retained earnings statement for the year. Plevin did not make any capital investments during the year. (List items that increase PLEVIN COMPANY Retained Earnings Statement For the Year Ended July 31, 2015 SHOW LIST OF ACCOUNTS TEXT Attempts: 0 of 3 used Exercise 4-9 (Part Level Submission) The adjusted trial balance for Plevin Company. Credit Debit $9,615 9,036 15,959 PLEVIN COMPANY Adjusted Trial Balance July 31, 2015 Account Titles 101 Cash 112 Accounts Receivable Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense - Total $7,146 4,163 1,837 20,377 26,964 15,619 63,056 6,969 9,350 55,750 15,183 $130,512 $130,512
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