Question: Brief Exercise 3-34 (Algorithmic) Preparing a Statement of Earnings The adjusted trial balance of Pelton Company at December 31, 2018, includes the following accounts: Wages

Brief Exercise 3-34 (Algorithmic) Preparing a Statement of Earnings The adjusted

Brief Exercise 3-34 (Algorithmic) Preparing a Statement of Earnings The adjusted trial balance of Pelton Company at December 31, 2018, includes the following accounts: Wages Expense, $59,600 Service Revenue, $94,640 . Rent Expense, $8,000 Dividends, $4,000 Retained Earnings, $12,200 Prepaid Rent, $1,000 Required: Prepare a single-step statement of earnings for Pelton for 2018 Pelton Company Statement of Earnings For the Year Ended December 31, 2018 Expenses Total expenses

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