Based on the following trial balance for Sally's Salon, prepare an income statement, statement of...
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Accounting
Based on the following trial balance for Sally's Salon, prepare an income statement, statement of retained earnings, and a balance sheet. Sally Crawford, the sole stockholder, made no additional investments in the company during the year. Sally's Salon Trial Balance 12/31/17 $6,500.00 475 2500 17000 Cash Accounts Beauty su Beauty shr $745.00 21155 0 Accounts 1 Common 36000 2 Dividends 13 Revenue e 14 Beauty su 15 Rent exper 16 Wages exr 72000 3425 600 22000 17 Totals $93,900.00 $93,900.00 18
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