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Skysong, Inc. Retained Earnings Statement Dividends Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance

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Skysong, Inc. Retained Earnings Statement Dividends Sales Revenue Sales Returns and Allowances Cost of Goods Sold Salaries and Wages Expense Advertising Expense Utilities Expense Maintenance and Repairs Expense Freight-Out Rent Expense Totals 10,500 755,400 8,900 497,000 140,000 24,300 14,000 11,700 16,600 23,700 $971,200 $971,200 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} Skysong, Inc. \\ Trial Balance \\ November 30, 2022 \end{tabular}} \\ \hline & Debit & Credit \\ \hline Cash & $8,600 & \\ \hline Accounts Receivable & 29,900 & \\ \hline Inventory & 45,800 & \\ \hline Supplies & 6.200 & \\ \hline Equipment & 134,000 & \\ \hline Accumulated Depreciation-Equipment & & $29,000 \\ \hline Notes Payable & & 52,500 \\ \hline Accounts Payable & & 39,300 \\ \hline Common Stock & & 55,000 \\ \hline Retained Earnings & & 40,000 \\ \hline \end{tabular}

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