Partial adjusted trial balance for Swifty Corporation at December 31, 2017, includes the following accounts: Retained Earnings $17,000, Dividends $5,500, Service Revenue $36,300, Salaries and Wages Expense $14,700, Insurance Expense $1,830, Rent Expense $3,810, Supplies Expense $1,410, and Depreciation Expense $800. 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.
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Partial adjusted trial balance for Swifty Corporation at December 31, 2017, includes the following a...
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