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Retained earnings struggle I have found everything else but retained earnings. Can someone help me out? 8 8 Apr 30 8,700 Accounts Receivable Service Revenue
Retained earnings struggle
I have found everything else but retained earnings. Can someone help me out?
8 8 Apr 30 8,700 Accounts Receivable Service Revenue >> 8,700 9 May 31 > 8,700 Notes Receivable Accounts Receivable 8,700 10 Jun 15 28,500 Accounts Receivable Service Revenue 28,500 11 Jun 30 2,850 Bad Debt Expense Allowance for Uncollectible Accounts 2,850 12 Jun 30 58 Interest Receivable Interest Revenue O 58 13 Jun 30 Service Revenue Interest Revenue Retained Earnings 54,400 58 14 Jun 30 Retained Earnings Salaries Expense Bad Debt Expense Supplies Expense Rent Expense Depreciation Expense Interest Expense Insurance Expense 21,000 2,850 1,400 3,000 9,800 1,080 4,200 GREAT ADVENTURES, INC. Trial Balance June 30, 2022 Account Title Credit Cash S Debit 53,860 28,500 2,850 8,700 58 1,300 135,900 Accounts Receivable Allowance for Uncollectible Accounts Notes Receivable Interest Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Interest Payable Notes Payable Common Stock Retained Earnings Sales Discounts Total 34,000 4,600 2,100 48,000 56,000 70,080 440 228,758 S 217,630 Journal entry worksheet Record the closing entry for the revenue accounts. Note: Enter debits before credits. Credit Date Jun 30 Account Title Service Revenue Interest Revenue Retained Earnings Debit 54,400 58 Journal entry worksheetStep by Step Solution
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