Refer to the data in Short Exercise S4-1. Prepare Daylen€™s statement of retained earnings for the year ended December 31, 2017.
In Short Exercise S4-1

DAYLEN HAIR STYLISTS Adjusted Trial Balance December 31, 2017 Balance Debit 1,600 1,100 2,000 19,800 Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation ExpenseEquipment Interest Expense Total Credit 1,800 900 900 3,700 12,700 600 15,100 5,300 800 1,800 2,100 S 35,100 S 35,100