Dawson Hair Stylists's adjusted tral balance follows E (Click on the icon 10 view the adusted...

 

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Dawson Hair Stylists's adjusted tral balance follows E (Click on the icon 10 view the adusted trial balance) O(Cick on the icon to view the statemert of retained eamings.) Prepare Daweon's classified balance shoet at December 31, 2018. Assume the Notes Payable is due on Dacember 1, 2025. Use the report form. Begin by preparing the asset section of the balance sheet, then prepare the liabilities section and finally the stockholders' equity section. (You must compute the ending balance of Retained Earnings. If a box is not used in the balance sheet. lesve the box empty: do not selecta label o Dawson Hair Stylists O Data Table - X O Reference X Balance Sheet December 31, 2018 Assets Dawson Hair Stylists Dawson Hair Stylists Adjusted Trial Balance Statement of Retained Earnings December 31, 2018 Year Ended December 31, 2018 Balance Retained Earnings. January 1. 2018 Account Title Debit Credit Net income for the year 6.000 Cash 000 8.000 Accounts Receivable 1.000 Dividends (500) Less Office Supplies 700 5,500 Retained Earnings, December 31, 2018 Equipment 20.100 Accumulated Depreciation-Equipment 1,100 Acoounts Payable 500 interest Payable 550 Notes Payable 3.200 Common Stock 12,150 Dividends 500 Sevice Revenue 15.000 Rent Expense 5,000 Supplies Expense 000 Depreciation Experse-Equipment 1,100 2.900 Interest Expense 33.400 S 33,400 Total Dawson Hair Stylists's adjusted tral balance follows E (Click on the icon 10 view the adusted trial balance) O(Cick on the icon to view the statemert of retained eamings.) Prepare Daweon's classified balance shoet at December 31, 2018. Assume the Notes Payable is due on Dacember 1, 2025. Use the report form. Begin by preparing the asset section of the balance sheet, then prepare the liabilities section and finally the stockholders' equity section. (You must compute the ending balance of Retained Earnings. If a box is not used in the balance sheet. lesve the box empty: do not selecta label o Dawson Hair Stylists O Data Table - X O Reference X Balance Sheet December 31, 2018 Assets Dawson Hair Stylists Dawson Hair Stylists Adjusted Trial Balance Statement of Retained Earnings December 31, 2018 Year Ended December 31, 2018 Balance Retained Earnings. January 1. 2018 Account Title Debit Credit Net income for the year 6.000 Cash 000 8.000 Accounts Receivable 1.000 Dividends (500) Less Office Supplies 700 5,500 Retained Earnings, December 31, 2018 Equipment 20.100 Accumulated Depreciation-Equipment 1,100 Acoounts Payable 500 interest Payable 550 Notes Payable 3.200 Common Stock 12,150 Dividends 500 Sevice Revenue 15.000 Rent Expense 5,000 Supplies Expense 000 Depreciation Experse-Equipment 1,100 2.900 Interest Expense 33.400 S 33,400 Total