Solution needed.

Exercise 2-8 (Part Level Submission) These financia statement items are for Sheridan Company at year-end, July 31, 2017. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2020) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) 3,080 58,700 16,600 19,500 4,100 67,300 9,500 3,800 16,000 30,200 11,780 7,500 4,000 5,500 35,000