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Urgently need help on this please! I will rate! Many thanks and God bless! 0 Damon Hair Stylists' adjusted trial balance and income statement follow.
Urgently need help on this please!
I will rate!
Many thanks and God bless!
0 Damon Hair Stylists' adjusted trial balance and income statement follow. Prepare Damon's statement of retained earnings for the year ended December 31, 2018. (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement.) Data Table Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Reference - X Damon Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 Net loss for the year Damon Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title Damon Hair Stylists Income Statement Year Ended December 31, 2018 Cash $ 1,700 Dividends Accounts Receivable 700 Revenues: 500 Retained Earnings, December 31, 2018 $ 14,100 19.300 $ 1,500 $ 5,600 Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Service Revenue Expenses: Rent Expense Interest Expense Depreciation Expense-Equipment Supplies Expense Total Expenses 200 950 2,900 1,500 1,000 3,700 Common Stock 14,050 11,000 Dividends 1,300 $ 3,100 Net Income (Loss) 14,100 5.600 Print Done Service Revenue Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense 1,000 1,500 2.900 $ 34,500 $ 34,500 Total Print Done Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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