Question: 0 Your answer is partially correct. Prepare a retained earnings statement for the years Fairview Corporation did not issue any new stock during the year.

0 Your answer is partially correct. Prepare a0 Your answer is partially correct. Prepare a
0 Your answer is partially correct. Prepare a retained earnings statement for the years Fairview Corporation did not issue any new stock during the year. FAIRVIEW CORPORATION Retained Earnings Statement For the Year Ended July 31,2022 Retained Earnings, August 1, 2021 $ ' Less 3 4 : ' Net Income / (Loss) 4 'Less 2 'Dividends Retained Earnings,July 31, 2022 $ eTextbook and Media 0 List of Accounts These nancial statement items are for Fairview Corporation at year-end, July 31, 2022. Salaries and wages payable $ 2,080 Salaries and wages expense 57,500 Supplies expense 15,600 Equipment 18,500 Accounts payable 4,100 Service revenue 66,100 Rent revenue 8,500 Notes payable (due in 2025) 1,800 Common stock 16,000 Cash 29,200 Accounts receivable 9,780 Accumulated depreciationequipment 6,000 Dividends 4,000 Depreciation expense 4,000

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