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The account balances for Atlantis Aquatics, Inc., for the year ended August 31, 2018, are presented below in random order (Click the icon to view the account balances listing) Net income for the year amounted to $55,600. Read the requirement PONES: U14 of 4 Before we prepare the balance sheet, let's determine the ending balance in the Retained samnings accounts. Start by selecting the formule and then enter the amounts to calculate ending retained earings Beginning retained amings Ending retained earings Net income Dividends 55.000 48,000
Weeks end year ended August 31, 2018, are presented below in random order. re help. Data table Cash Equipment Accounts payable Common stock Long-term notes payable General expenses Salaries payable Supplies Building Estimated refund liability Prepaid rent Interest expense Retained eamings Do Homework- CMHW Question 4, E4-24A (similar to) Part 2 of 4 $ 6,900 Cost of goods sold 9,800 Accumulated depreciation, 6,800 equipment 45,000 Uneamed revenues 35,000 Sales revenue 20,600 Accounts receivable 3,300 Accumulated depreciation, 1,300 building 155,000 Mortgage payable (long-term) 3,900 Dividends 3,300 Estimated inventory returns 1,000 Selling expenses 14,000 Inventory Print Done HW Score: 62 Points: 0.1 126,300 9,600 3,500 247,000 6,300 39,000 20,500 48.000 2,500 43.500 3,100