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Accounting
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weeks 7. M4 15 Reporting a Statement of Retained Earnings LO 44 The Sky Blue Corporation has the following adjusted trial balance at December 31 $ 1,420 3,900 4,200 4.900 21,500 Cash Accounts Recetvable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Uneaned Revenue Common Stock $ 6,400 7,320 1,950 4,800 980 4.300 1,760 Retained Eamings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense 490 59,130 490 25,400 3,200 6,120 3,300 7,900 4,800 Total $87,130 $87,130
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