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Title Notes: Fill in the cells with yellow highlight Refer to Exhibit 1.4 for the format ( Textbook page 12) Statement of Retained Earnings, beginning

Title Notes:
Fill in the cells with yellow highlight
Refer to Exhibit 1.4 for the format ( Textbook page 12)
Statement of Retained Earnings, beginning Cell B6 -use the amount provided in the unadjusted tria balance
Add: Net Income $ 31,120.00
Less: Dividends
Retained Earnings, end

This assignment is based onExercise M3-21, textbook page 131(you workedon this exercise in Week 5!).

You are required to prepare the following:

1) a statement of retained earnings and

2) a balance sheet

Prepare the statements using the Excel template attached.

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