Reference no: EM131584785

Question - The following are the account balances from the Adjusted Trial Balance of SGA Incorporated as of January 31, 2013.

Cash 208,000

Rent Expense 5,000

Equipment 25,000

Supplies Expense 9,000

Accumulated Depreciation: equip. 6,000

Salaries Expense 4,000

Unearned Fees 16,000

Utilities Expense 5,000

Interest Receivable 11,000

Fees Earned 180,000

Supplies 13,000

Depreciation expense 2,000

Accounts Receivable 15,000

Dividends 7,000

Retained Earnings, Jan.1, 2013 14,000

Accounts Payable 20,000

Capital Stock 68,000

Use the above account balances and FIND:

NET INCOME

RETAINED EARNINGS as of January 31

TOTAL ASSETS

TOTAL LIABILITIES

TOTAL STOCKHOLDERS' EQUITY