preparing the statement of retained earnings prepare the statement of retained earni 4372960

Preparing the statement of retained earnings Prepare the statement of retained earnings of Decorating Arrangements for the year ended December 31, 2016. Insurance Expense ……. $ 2,000 Service Revenue ……. 80,000 Utilities Expense ……. 500 Rent Expense ……. 11,000 Common Stock ……. 8,500 Cash ………….. 7,000 Retained Earnings, Jan. 1, 2016 …. 4,800 Salaries Expense ……. $ 37,000 Accounts Payable ……. 4,300 Office Supplies ……. 1,500 Dividends ……. 4,500 Accounts Receivable ……. 7,500 Equipment ……. 26,600 View Solution:
Preparing the statement of retained earnings Prepare the statement of

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