Score: 2.45 of 10 pts 4 of 4 (4 complete) W P2-34A (similar to) The trial balance as of July 31, 2018, for Shawna Sikes Registered Dietician, is present Data Table E (Click the icon to view the trial balance) Read the requirements 500 Rent Expense Utilities Expense 350 Total Expenses 2.7 Net Income $ 12,11 Requirement 2. Prepare the statement of retained earnings for the month ended July 31 the subtotal Enter a "0" for any zero balances) Shawna Sikes, Registered Dietician Statement of Retained Earnings Month Ended July 31, 2018 Retained Earnings, July 1, 2018 Shawna Sikes, Registered Dietician Trial Balance July 31, 2018 Balance Account Title Debit Credit Cash $ 32,000 Accounts Receivable 9,200 Office Supplies 1,900 Prepaid Insurance 2,100 Equipment 18.000 Accounts Payable $ 3 100 Unearned Revenue 7,028 Notes Payable 24,000 Common Stock 19,000 Dividends 2,100 Service Revenue 14,922 Salaries Expense 1,900 Retained Earnings, July 31, 2018 Choose from any list or enter any number in the input fields and then click Check A Print Done parts CP2-42 (similar to) Anna and Zain decide that they will create a new corporation Water Way Company, or WW for short Water Way Company is a service based company that rents canoes for use on local lakes and rivers and completed the following transactions in that first month (Click the icon to view the November transactions) (Click the icon to view the transaction analysis chart from November) In addition, Water Way Company completed the following transactions for December (Click the icon to view the December transactions) More Info Read the requirements Dec 16: Received a $350 deposit from a canoe rental group that will use the canoes next month Date Accounts Credit Debit 350 Dec 16 Cash Uneamed Revenue 350 Nov 1 Received $25,000 cash to begin the company and issued common stock to Anna and Zan 2 Signed a lease for a building and paid $1.400 for the first month's rent 3 Purchased canoes for $6 240 on account 4 Purchased office supplies on account, $500 7 Eamed $1,000 cash for rental of cances 13 Paid $1,400 cash for wages 15 Paid $200 dividends to stockholders 16 Received a bill for $100 for utilities (Use separate payable account) 20 Received a bil for $200 for cell phone expenses. (Use separate payable account) 22 Rented canoes to Little Day Breakers on account, $2,700 26 Paid $1,200 on account related to the November 3 purchase 28 Received $1,200 from Little Day Breakers for canoe rental on November 22 30 Paid $350 dividends to stockholders Dec 18: Paid the utilities and telephone bills from last month (Prepare a single compound journal entry) Date Accounts Debit Credit Dec 18 Print Choose from any list or enter any number in the input fields and then click Check Answer. Done