Question: Presented here is information for DeVito Inc. for 2014. Retained earnings, January 1...... $130,000 Service revenue............ 400,000 Total expenses........... 175,000 Dividends............. 65,000 Instructions Prepare the

Presented here is information for DeVito Inc. for 2014.

Retained earnings, January 1...... $130,000

Service revenue............ 400,000

Total expenses........... 175,000

Dividends............. 65,000


Instructions

Prepare the 2014 retained earnings statement for DeVito Inc.


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