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Question 6 The adjusted trial balance of Novak Corp. at December 31, 2019, includes the following accounts: Common Stock $17,700, Dividends $7,800, Service Revenue $38,300,
Question 6 The adjusted trial balance of Novak Corp. at December 31, 2019, includes the following accounts: Common Stock $17,700, Dividends $7,800, Service Revenue $38,300, Salaries and Wages Expense $16,200, Insurance Expense $2,000, Rent Expense $4,600, Supplies Expense $2,300, and Depreciation Expense $1,000. The balance in Common Stock is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $12,200 for the year and Retained Earnings is $7,100 on January 1. (List items that increase owner's equity fist.) Novak Corp. Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work Ruestien Attemptsi 9 f 2 ysed SAVE FOR LATER S SUBMT
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