Bonita Industries began operations on January 1, 2017. The following information is available for Bonita...
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Bonita Industries began operations on January 1, 2017. The following information is available for Bonita Industries on December 31, 2017. Accounts payable $8,600 Notes payable $14,200 Accounts receivable 5,600 Rent expense 13,600 Advertising expense 4,170 Retained earnings ? Cash 6,700 Service revenue 32,200 Common stock 18,600 Supplies 5,500 Dividends 6,100 Supplies expense 1,530 Equipment 30,400 Prepare a retained earnings statement for Bonita Industries. (List items that increase retained earnings first.) Bonita Industries Retained Earnings Statement eTextbook and Media
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