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S4-11 (similar to) Question Help The following balances appear on the books of Sarah Simon Enterprises: Retained Earnings, $28,700; Dividends, $7,500; Income Summary, $0; Service

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S4-11 (similar to) Question Help The following balances appear on the books of Sarah Simon Enterprises: Retained Earnings, $28,700; Dividends, $7,500; Income Summary, $0; Service Revenue, $22,200; Salaries Expense, $7,500; Rent Expense $3,500; and Advertising Expense, $2,100. All accounts have normal balances. Read the requirements. Requirement 1. The T-accounts have been set up for you. Insert each account's adjusted balance as given (denote as Adj. Bal.) at December 31. Retained Earnings Service Revenue Dividends Salaries Expense Income Summary Rent Expense Advertising Expense D A dvertising Ex

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