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The adjusted trial balance for the year of Dreamer Corporation at July 3 1 , 2 0 2 1 , follows. ( Click the icon
The adjusted trial balance for the year of Dreamer Corporation at July follows.
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Read the requirements.
Requirement Prepare Dreamer Corporation's singlestep income statement, statement of retained earnings, and balance sheet.
Begin by preparing Dreamer's income statement.
Dreamer Corporation
Income Statement
Year Ended July
table
Now prepare the statement of retained earnings. Include a subtotal after the "Add" line of the statement.
Dreamer Corporation
Statement of Retained Earnings
Year Ended July
Add:
Subtotal
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