Presented below is information related to Alexis and Ryans, Attorneys at Law. Retained earnings, January 1, 2019...................$
Question:
Presented below is information related to Alexis and Ryans, Attorneys at Law.
Retained earnings, January 1, 2019...................$ 23,000
Legal service revenue-2019...........................340,000
Total expenses-2019...................................211,000
Assets, January 1, 2019...................................85,000
Liabilities, January 1, 2019..............................62,000
Assets, December 31, 2019.............................168,000
Liabilities, December 31, 2019..........................80,000
Dividends-2019..........................................64,000
Instructions
Prepare the 2019 retained earnings statement for Alexis and Ryans, Attorneys at Law.
Step by Step Answer:
ALEXIS AND RYAN ATTORNEYS AT LAW Retained Earnings Statement For the ...View the full answer
Financial Accounting
ISBN: 978-1119305736
10th edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
