Business, 06.05.2020 06:10, wittlerylee34

Sallisaw Sideboards, Inc. had a retained earnings balance of $10,379 and common stock of $3,500 on April 1, and that the company had the following transactions during April.

1.Issued common stock for cash, $5,070.
2.Provided services to customers on account, $4,005.
3.Provided services to customers in exchange for cash, $953.
4.Purchased equipment and paid cash, $4,700.
5.Paid April rent, $820, paid employees' salaries for April, $751 and utilities of $331.

What was Sallisaw's retained earnings balance and equity balance at the end of April?

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Sallisaw Sideboards, Inc. had a retained earnings balance of $10,379 and common stock of $3,500 on A...