Business, 06.10.2019 02:00 AndiLizzi

Cash $ 8,600 accounts receivable 16,500 office supplies 2,000 trucks 173,000 accumulated depreciation—trucks $ 35,638 land 75,000 accounts payable 12,600 interest payable 3,000 long-term notes payable 52,000 common stock 31,774 retained earnings 135,500 dividends 19,000 trucking fees earned 135,000 depreciation expense—trucks 22,987 salaries expense 63,315 office supplies expense 13,500 repairs expense—trucks 11,610 totals $ 405,512 $ 405,512 the retained earnings account balance was $135,500 at december 31 of the prior year. (1) prepare the income statement for the year ended december 31. (2) prepare the statement of retained earnings for the year ended december 31.

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Cash $ 8,600 accounts receivable 16,500 office supplies 2,000 trucks 173,000 accumulated depreciatio...

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