Reference Adjusted Trial Balance December 31, 2024 Account Title Cash Accounts Receivable Office Supplies Balance Debit Credit $ 1,600 700 600 Daniel Hair Stylists Statement of Retained Earnings Equipment Accumulated Depreciation-Equipment 19.600 $ 1,100 Year Ended December 31, 2024 Accounts Payable 300 Retained Eamings, January 1, 2024 Interest Payable 300 Net income for the year 5.600 Notes Payable 3.300 5,600 Dividends (1.300) Common Stock Dividends 13,200 1,300 Retained Earnings, December 31, 2024 4,300 Service Revenue 14,300 Rent Expense 5,000 Supplies Expense 200 Depreciation Expense-Equipment 1,100 Print Done Interest Expense 2,400 Total 32,500 $ 32.500