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The following balances appear on the books of Cedrick Owens Enterprises: Retained Earnings, $22,600; Dividends, $8,400; Income Summary, $0; Service Revenue, $23,800; Salaries Expense, $6,500;

The following balances appear on the books of Cedrick Owens Enterprises: Retained Earnings, \$22,600; Dividends, $8,400; Income Summary, \$0; Service Revenue, \$23,800; Salaries Expense, \$6,500; Rent Expense $4,400; and Advertising Expense, $2,300. All accounts have normal balances. Read the requirements

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