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Using the external transactions below, compute the balance of Retained Earnings at April 30 Transaction Balance Retained earnings, April 1 $11,400 1. Issue common stock
Using the external transactions below, compute the balance of Retained Earnings at April 30 Transaction Balance Retained earnings, April 1 $11,400 1. Issue common stock for cash, $11,000. 2. Provide services to customers on account, $6,900. 0 3. Provide services to customers in exchange for cash, $1,600. 4. Purchase equipment and pay cash, $6,000. 5. Pay rent for April, $1,100. 6. Pay employee salaries for April, $1,900. 7. Pay dividends to stockholders, $1,200. Retained earnings, April 30
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