what is the statement of retained earnings

Francine's Fast Deliveries, Inc. Balance Sheet At Jan 1, 2010 $ 000 $ 100 ASSETS Cash Accounts Rec Supplies ROD 200 LIABILITIES: Accounts Payable Stockholders' Equity Contributed Capital Retained Earnings TOTAL LIARS & EQUITY 900 600 1900 TOTAL ASSETS 1.900 Journal Entries for Jan 2 Account Name DEBIT CREDIT 1 Investment cash 12000 Contributed capital 12000 2 Supplies purchased supplies 1000 Accounts payable 1000 3 Insurance Prepaid insurance 3600 cash 3600 Rent Prepaid rent 4200 cash 4200 Account name DEBIT CREDIT 5 loan cash 24000 Bank loan 24000 6 van equipment 7200 cash 7200 200 7 Cash collected cash 600 Accounts receivable 600 8 Cash paid Accounts payable 300 cash 300 9 Service provided Accounts receivable 10400 Service revenue 10400 10 Service provided cash 7600 Service revenue 7600 11 Wages paid Wages 1400 cash 1400 12 Advanced pay cash 3200 Unearned revenue 3200 13 Cash collected cash 4500 Accounts receivable 4500 14 Wages expense wages 1400 Wages payable 1400 15 Utilities owed utilities B00 Accounts payable 800 End of Period Adjusting Entries Account Name Debit Credit Supplies (200+1000-950) Supply expense 250 supplies 250 Revenue earned Uneamed revenue 1280 Service revenue 12N0 Lean interest Interest expense 200 Interest paid 200 Van depreciation Depreciation owed 150 Depreciation paid 150