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The following items and amounts were taken from L. Lumberjack Inc's 20XX Financial Statements Cash Retained Earnings Cost of Goods Sold Salaries and Wages
The following items and amounts were taken from L. Lumberjack Inc's 20XX Financial Statements Cash Retained Earnings Cost of Goods Sold Salaries and Wages Expense Prepaid Insurance Inventory Dividends Common Stock $90,800 Accounts Receivable 124,300 Sales Revenue! 436,400 Notes Payable 118,600 Accounts Payable 8,100 Service Revenue 65,000 Interest Expense 5,000 Dividends Payable 29,470 $91,000 590,200 6,500 56,400 4,900 1,870 5,000 Prepare a statement of retained earnings for L. Lumberjack Inc for the year ended December 31, 20XX. NOTE: Use Net Income/Net Loss from Q3 to complete this F/S L. Lumberjack Inc.
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