The following information relates to La Greca Co. for the year 2019. Retained earnings, January 1, 2019............$48,000.........Advertising

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The following information relates to La Greca Co. for the year 2019.

Retained earnings, January 1, 2019............$48,000.........Advertising expense.......$ 1,800

Dividends during 2019..............................5,000..................Rent expense........10,400

Service revenue.....................................62,500..............Utilities expense.........3,100

Salaries and wages expense.......................28,000

Instructions

After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2019.

Related Book For answer-question

Financial Accounting

ISBN: 978-1118334324

9th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Jan 24, 2021 06:21 PM

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The following information relates to La Greca Co. for the year 2019. Retained earnings, January 1, 2019............$48,000.........Advertising

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Financial Accounting

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