Partial adjusted trial balance for Blue Spruce Corp. at December 31, 2017, includes the following accounts: Retained Earnings $16,300, Dividends $5,800, Service Revenue $36,100, Salaries and Wages Expense $13,800, Insurance Expense $1,790, Rent Expense $4,010, Supplies Expense $1,490, and Depreciation Expense $850. The balance in Retained Earnings is the balance as of January 1.
Required:
Prepare a retained earnings statement for the year assuming net income is $15,787.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Partial adjusted trial balance for Blue Spruce Corp. at December 31, 2017, includes the following accounts: Retained Earnings $16,300, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
An insurance company submits payment to a medical practice, along with a document that details the patients and accounts for which payment is made.
Answers (1)
Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $ 400,000 Paid-in capital in excess of par value, common stock 60,000 Retained earnings 270,000 Total stockholders' equity $ 730,000 In year 2017, the
Answers (1)
Diagraphs are voiced combinations of two or three consonants
Answers (1)
Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any given product can be purchased at a wide range of prices. C.
Answers (1)
Identify the type of planning used to develop multiple-year plans based on a situational analysis, competitive assessments, and external factors of the organization.
Answers (1)
New Questions in Business
In October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.
Answers (2)
A monopolist that practices perfect price discrimination a. creates no deadweight loss. b. charges one group of buyers a higher price than another group, such as offering a student discount. c.
Answers (1)
What is the best way to show a business you're interested in their job position
Answers (1)
It doesnt matter what your goal is. any idea you may create is achievable. true or false
Answers (1)
What is a system for ordering items that have little or no value at the end of a sales period? a. single-period inventory model b. rop c. production order quantity model d. eoq?
Answers (1)