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Problem 2 (10 Points) (atnio9 0 The adjusted trial balance for Molina Company is presented belovw MOLINA COMPANY Adjusted Trial Balance July 31, 2018 de
Problem 2 (10 Points) (atnio9 0 The adjusted trial balance for Molina Company is presented belovw MOLINA COMPANY Adjusted Trial Balance July 31, 2018 de Credits No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 167 Accumulated Depreciatio-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings Debits $23,000 14,000 30,000 etnemlaevn $10,000 10,500 5,000 25,000 33,500 20,000 332 Dividends 400 Service Revenue 75,000 16,000 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense 5,000 62,000 $175.000 $175.000 Instructions (a) Prepare an income statement and a retained earnings statement for the year
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