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what is the balance sheet and retained earnings statement The adjusted trial balance of Sandhill Financial Planners appears below. SANDHILL FINANCIAL PLANNERS Adjusted Trial Balance
what is the balance sheet and retained earnings statement
The adjusted trial balance of Sandhill Financial Planners appears below. SANDHILL FINANCIAL PLANNERS Adjusted Trial Balance December 31, 2020 Debit Credit Cash $3.550 Accounts Receivable 2.100 Supplies 1,700 Equipment 16,300 Accumulated Depreciation-Equipment $4.075 3,150 Accounts Payable Unearned Service Revenue 6,095 Common Stock 10.000 Retained Earnings 4,550 Dividends 2.700 Service Revenue 4,600 Supplies Expense 470 Depreciation Expense 2,500 Rent Expense 3.150 $ 32.470 $32.470 SANDHILL FINANCIAL PLANNERS Retained Earnings Statement For the Month Ended December 31, 2020 Retained Earnings, December 1 Less Net Income /(Loss) Dividends Retained Emin December 31 SANDHILL FINANCIAL PLANNERS Balance Sheet December 31, 2020 Assets Cash Accounts Receivable Supplies Equipment s be Accumulated onim Tota Ast Liabilities and Stockholders' Equity Step by Step Solution
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