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The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $18,470, Salaries and Wages Expense $9,380, Maintenance and Repairs
The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $18,470, Salaries and Wages Expense $9,380, Maintenance and Repairs Expense $4,220, and Income Tax Expense $1,210. The statement of retained earnings shows an opening balance for Retained Earnings of $21,500 and Dividends $1,980.What is the ending balance in Retained Earnings? Ending balance in Retained Earnings
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