(Answered) Question - after its first month of operation the following

Accounting

Question - After its first month of operation, the following amounts were taken from the accounting records of Benjamin Realty Inc. as of April 30, 2013. Using the fnancial data shown in Exercise 2-17 For Benjamin Realty Inc.,

Capital Stock $25,000 Notes Payable $35,000 Cash $53,000 Rent Expense $5,000 Dividends $10,000 Retained Earnings $0 Interest Expense $2,000 Salaries Expense $75,000 Land $42,000 Sales Commission $145,000 Miscellaneous Expense $3,000 Utilities Expense $15,000

Prepare a retained earnings statement for the month ending April 30, 2013.

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