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The account balances and income statement of Winniford Towing Service at June 30, 2018, follow: (Click the icon to view the account balances.) Click the

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The account balances and income statement of Winniford Towing Service at June 30, 2018, follow: (Click the icon to view the account balances.) Click the icon to view the income statement for the month.) Requirements 1. Prepare the statement of retained earnings for Winniford Towing Service for the month ending June 30, 2018. 2. What does the statement of retained earnings report? Requirement 1. Prepare the statement of retained earnings for Winniford Towing Service for the month ending June 30 Data Table Retained Earnings, June 1, 2018 Equipment Office Supplies Notes Payable Rent Expense Cash Dividends Retained Earnings, June 30, 2018 th ending June 30, 2018 for the month ending June 30, 2018. Data Table Reference $ Equipment Office Supplies Notes Payable Rent Expense 19.150 Service Revenue 1.300 Accounts Receivable 8,000 Accounts Payable 750 Retained Earnings, June 1, 2018 1.900 Salaries Expense 1,000 Common Stock 10,800 8,800 12,000 3.700 2.600 1.000 Cash $ 10.800 Winntford Towing Service Income Statement Month Ended June 30, 2018 Revenues Service Revenue Expenses Salaries Expense $ Rent Expense Total Expenses Not Income Dividends 2.600 750 3,350 Print Done 7.450 Print Done

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