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Prepare a Statement of Retained Earnings. Below is the unadjusted trial balance of Yummy-Licios Ice...

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Accounting

Prepare a Statement of Retained Earnings.

Below is the unadjusted trial balance of Yummy-Licios Ice Cream, Inc. at the end of the first quarter of its second year of operation (January 1- March 30, 2022).

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Yummy-Licios Ice Cream Inc. Unadjusted Trial Balance At March 30, 2022 CashAccountsReceivablePrepaidRentEquipmentTrademarkAccountsPayableDeferredRevenueNotesPayable(Long-term)CommonStockRetainedEarnings,Jan.1,2022DividendsSalesRevenueCostofingredientsSalariesandWagesUtilitiesExpenseAdvertisingExpensesTOTAL$17,000.00$600.00$7,300.00$9,700.00$9,700.00$400.00$3,200.00$700.00$600.00$53,600.00$10,800.00$00.00$20,000.00$10,000.00$1,100.00$53,600.00

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