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The adjusted trial balance of Pharoah Company appears below. PHAROAH COMPANY Adjusted Trial Balance December 31, 2022 Debit Credit Cash $ 17,556 Accounts Receivable 2,508

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The adjusted trial balance of Pharoah Company appears below. PHAROAH COMPANY Adjusted Trial Balance December 31, 2022 Debit Credit Cash $ 17,556 Accounts Receivable 2,508 Supplies 2,052 Equipment 17,670 Accumulated Depreciation-Equipment $4,560 Accounts Payable 3,420 Unearned Service Revenue 5,700 Question 2 of 4 1.58/3 E Expenses Supplies Expense 1254 Depreciation Expense 2850 i Rent Expense 2166 Total Expenses 6270 S Net Income Loss 4560 Prepare for the month ending December 31 a retained earnings statement. (List items that increase retained earnings first.) PHAROAH COMPANY Retained Earnings Statement For the Month Ended December 31, 2022 Retained Earnings, December 1 $ Add Net Income /(Loss) Less Dividends Retained Earnings Statement For the Month Ended December 31, 2022 Retained Earnings. December 1 $ Add : Net Income /(Loss) Less Dividends $ Retained Earnings, December 31 e Textbook and Media

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