Question: Prepare a retained earnings statement for March. (List items that increase retained earnings first.) NOVAK CLEANERS Retained Earnings Statement March 31, 2022 For the Month





Prepare a retained earnings statement for March. (List items that increase retained earnings first.) NOVAK CLEANERS Retained Earnings Statement March 31, 2022 For the Month Ended March 31, 2022 For the Year Ended March 31, 2022 3/31 200 3/31 Bal. 6400 Supplies 3/6 1,800 3/31 1500 2110 Supplies 1,800 3/31 3/6 1500 3/31 Bal. 300 Prepaid Rent 3/2 1,320 3/31 440 3/31 Bal. 880 Prepaid Insurance 3/3 2,220 3/31 370 3/31 Bal. 1850 3/1 3/31 Bal. Equipment 7.700 7.700 Accumulated Depreciation-Equipment 3/31 230 3/31 Bal. 230 Notes Payable 6.200 6,200 Notes Payable 3/1 3/31 Bal. Accounts Payable 500 3/6 3/31 Bal. Salaries and Wages Payable 3/18 1,800 1,300 3/31 1080 3/31 Bal. 1080 Interest Payable 3/31 31 3/31 Bal. 31 Common Stock 3/1 3/31 Bal. Dividends 15,000 15,000 3/31 3/31 Bal. 800 800 Codice Dolnu Service Revenue 3/14 3,600 3/28 4,100 3/31 200 3/31 Bal 7900 3/31 3/31 Bal. Maintenance and Repairs Expense 360 360 Supplies Expense 3/31 1500 3/31 Bal. 1500 Depreciation Expense 3/31 230 3/31 Bal. 230 Insurance Expense 3/31 370 Si Ddi. ZOU Insurance Expense 3/31 370 3/31 Bal. 370 Salaries and Wages Expense 3/20 1,910 3/31 1080 3/31 Bal. 2990 11 Rent Expense 3/31 440 3/31 Bal. 440 Interest Expense 3/31 31 3/31 Bal. 31
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