Question: Problem 32 33 34 35 36 37 88 39 From the information available in the Adjusted Trial Balance, please prepare a statement of Retained Earnings.

 Problem 32 33 34 35 36 37 88 39 From the

Problem 32 33 34 35 36 37 88 39 From the information available in the Adjusted Trial Balance, please prepare a statement of Retained Earnings. ABC Corp Adjusted Trial Balance December 31, 2017 Cr Dr 135,600 41,250 328,950 15,874 11,000 243,896 30 21 32 Account 33 Cash Accts Receivable 35 Merchandise Inventory 26 Supplies 27 Prepaid Insurance 98 Shop Equipment 39 Accum Depr 90 Wages Payable 1 Accts Payable 02 Dividends Payable 3 Common Stock 04 Retained Earnings 05 Revenue 06 Salaries Expense 07 Supplies Expense 08 Insurance Expense 09 Advertising Expense 10 Depreciation Expense 11 11,300 5,560 14,879 29,875 350,000 250,000 151,897 24,766 8,575 1,000 1,750 850 813,511 813,511 12 13 14 15 216 ABC Corp Statement of Retained Earnings December 31, 2018 217 218 219 220 221 Retained Earnings Dec 1, 201x Revenue Expenses Dividends Retained Earnings Dec 31, 2017 222 223 224

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!