Exercise 3-14 (Part Level Submission) The adjusted trial balance for Frinzi Company is given in below. Cr. FRINZI COMPANY Trial Balance August 31, 2015 Before Adjustment Dr. Cash $10,247 Accounts Receivable 8,828 Supplies 2,358 Prepaid Insurance 3,749 Equipment 13,002 Accumulated Depreciation Equipment $ 3,723 Accounts Payable 5,839 Salaries and Wages Payable Unearned Rent Revenue 1,558 Common Stock 10,559 Retained Earnings 3,600 Service Revenue 33,944 Rent Revenue 10,823 Salaries and Wages Expense 16,951 Supplies Expense Rent Expense 14,911 Insurance Expense Depreciation Expense $70,046 $70,046 After Adjustment Dr. Cr. $10,247 9,737 591 2,577 13,002 $ 4,378 5,839 1,212 625 10,559 3,600 34,853 11,756 18,163 1,767 14,911 1,172 655 $72,822 $72,822 (b) Prepare the retained earnings statement for the year. FRINZI COMPANY Retained Earnings Statement For the Year Ended August 31, 2015