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Question 2 Gonzalo Construction For the Year Ended December 31, 2018 52,200 Retained Earnings. Beginning 23.500 Net Income Less: Dividends 21.500 Change in Retained Earnings
Question 2 Gonzalo Construction For the Year Ended December 31, 2018 52,200 Retained Earnings. Beginning 23.500 Net Income Less: Dividends 21.500 Change in Retained Earnings Retained Earnings, Ending Gonzalo Construction is a construction company owned and operated by Robert Gonzalo. The following Adjusted Trial Balance was prepared for the year ended December 31, 2018 Gonzalo Construction Adjusted Trial Balance December 31, 2018 Account Title Debit Credit 27.500 Cash 53,500 Accounts Receivable 1.200 Supplies 30.500 Office Equipment 5.250 Accumulated Depreciation 3.300 Accounts Payable 450 Salaries Payable 30.000 Capital Stock 52.200 Retained Earnings 2,000 Dividends 60.000 Fees Earned 32.450 Salary Expense 1.800 Supplies Expense 750 Depreciation Expense 1.500 Miscellaneous Expense 151.200 151,200 Total Links Address Desktop
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