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The adjusted trial balance of Novak Corp. at December 31, 2022, includes the following accounts: Retained Earnings $21,672 and Dividends $7,560. The balance in Retained
The adjusted trial balance of Novak Corp. at December 31, 2022, includes the following accounts: Retained Earnings $21,672 and Dividends $7,560. The balance in Retained Earnings is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $13,104. (List items that increase retained earnings first.) NOVAK CORP. Retained Earnings Statement
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