Prepare aretaned earnings statement for uy $($Lst items that increave retained earnings first$)$

$ $$

$12$

$$

$$

$111$

$$ $ $$

eTextbock and Media

Wist of Accounts

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Heidi Jara opened Monty's Cleaning Service on July $1.2022.$ During July, the following transactions were completed.

July $1$ Stockholders irvested $$20,100$ cash in the business in exchange for common stock.

$1$ Purchased used truck for $$8,900,$ paying $$4,200$ cash and the balance on account.

$3$ Purchased cleaning supplies for $$2\mathrm{.}100$ on account.

$5$ Paid $$1\mathrm{.}920$ cash on a $1-$year insurance policy effective July $1.$

$12$ Billed customers $$4,500$ for cleaning services.

$18$ Paid $$1\mathrm{.}500$ cash on amount owved on truck and $$1\mathrm{.}500$ on amount owed on cleaning supplies

$20$ Paid $$2,500$ cash for employee salaries.

$21$ Collected $$3,400$ cash from customers billed on July $12.$

$25$ Billed customers $$6\mathrm{.}000$ for cleanine services

$31$ Paid $$350$ for the monthly groline bill for the truck.

$31$ Paid a $$5\mathrm{.}800$ cash dividend.

The chart of accounts for Monty's Cleaning Service contains the following accounts: No$.101$ Canh $.$ Na$.112$ Acrourts Necrivable, Nas $126$ Supplies, No$.130$ Prepaid Insur ance, No$.157$ Equipment, No$,158$ Acrumulated Depreciation$-$Kouprnent, Na$,201$ Acrounts Parable, Na$.212$ Salaries and Wages Payable, No$.311$ Common Stock, No$.320$ Retained Carninge, Na$.392$ Ovidenale No $30nl$ Imurance Expeme, and No$.726$ Salaries and Wages Expente.