Question 29 The adjusted trial balance of Oriole Company at December 31, 2019, includes the...
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Question 29 The adjusted trial balance of Oriole Company at December 31, 2019, includes the following accounts: Common Stock $16,300, Dividends $7,000, Service Revenue $36,500, Salaries and Wages Expense $16,900, Insurance Expense $2,500, Rent Expense $3,700, Supplies Expense $1,100, and Depreciation Expense $1,400. The balance in Common Stock is the balance as of January 1 Prepare a retained earnings statement for the year assuming net income is $10,900 for the year and Retained Earnings is $7,200 on January 1. (List items that increase owner's equity first.) Oriole Company Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work
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