Explain the four majoritems reported on the statement of retained earnings

Which financial statement is associated with each of the descriptions below? a. Operating activities, investing activities, and financing activities b. Assets, liabilities, and stockholders’ equity c. Revenues and expenses d. Net income, dividends, and beginning retained earnings

How do we date our financial statements?   a Income Statement Specific date; Statement of Retained Earnings and Balance Sheet: Period of time.   b Income Statement Specific period of time; Statement of Retained Earnings and Balance Sheet: Specific date       c Income Statement and Statement of Retained Earnings: Specific date; Balance Sheet: Period of time.       d Income Statement and Statement of Retained Earnings: Period of time; Balance Sheet: Specific date.

118 Using the information given below, prepare an Income Statement, Statement of retained earnings, and Balance Sheet for Rapid Car Services from the adjusted trial balance. Cash Accounts receivable Office supplies Vehicles Accumulated depreciation Accounts payable Common stock Retained earnings Dividends Services revenue Rent expense Office supplies expense Utilities expense Rapid Car Services Adjusted Trial Balance December 31 Salaries expense Depreciation expense Vehicles Fuel expense Totals Vehicles Debit $ 33,000 14,200 1,700 100,000 40,000 13,000 2,000 2,500 15,000 50,000 12,000 $ 283,400 Credit 45,000 11,500 20,000 51,900 155,000 $ 283,400