Problem 2-3A (Part Level Submission)

You are provided with the following information for Swifty Corporation, effective as of its April 30, 2017, year-end.

Accounts payable		$ 849
Accounts receivable		915
Accumulated depreciationequipment		670
Cash		1,375
Common stock		1,215
Cost of goods sold		1,075
Depreciation expense		320
Dividends		340
Equipment		2,525
Income tax expense		180
Income taxes payable		150
Insurance expense		225
Interest expense		415
Inventory		1,072
Land		3,205
Mortgage payable		3,605
Notes payable		166
Prepaid insurance		75
Retained earnings (beginning)		1,600
Salaries and wages expense		685
Salaries and wages payable		237
Sales revenue		5,205
Stock investments (short-term)		1,290

Prepare a retained earnings statement for Swifty Corporation for the year ended April 30, 2017. (List items that increase retained earnings first.)

Swifty Corporation Retained Earnings Statement choose the accounting period April 30, 2017For the Month Ended April 30, 2017For the Year Ended April 30, 2017
select an opening name DividendsExpensesNet Income / (Loss)Retained Earnings, May 1, 2016Retained Earnings, April 30, 2017RevenuesTotal ExpensesTotal Revenues	$enter a dollar amount
select between addition and deduction AddLess : select an item DividendsExpensesNet Income / (Loss)Retained Earnings, May 1, 2016Retained Earnings, April 30, 2017RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
	enter a subtotal of the two previous amounts
select between addition and deduction AddLess : select an item DividendsExpensesNet Income / (Loss)Retained Earnings, May 1, 2016Retained Earnings, April 30, 2017RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
select a closing name DividendsExpensesNet Income / (Loss)Retained Earnings, May 1, 2016Retained Earnings, April 30, 2017RevenuesTotal ExpensesTotal Revenues	$enter a total amount