This information relates to Alexis Co. for the year 2012. Retained earnings, January 1, 2012 ....... $67,000 Advertising expense ............. 1,800 Dividends paid during 2012 .......... 6,000 Rent expense ................ 10,400 Service revenue ............... 58,000 Utilities expense ................ 2,400 Salaries and wages expense ......... 30,000 Instructions After analyzing the data, prepare an income statement and a retained earnings statement for
Chapter 1, Exercises #4
This information relates to Alexis Co. for the year 2012.
Retained earnings, January 1, 2012 ....... $67,000
Advertising expense ............. 1,800
Dividends paid during 2012 .......... 6,000
Rent expense ................ 10,400
Service revenue ............... 58,000
Utilities expense ................ 2,400
Salaries and wages expense ......... 30,000
Instructions
After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2012.
Retained earnings, January 1, 2012 ....... $67,000
Advertising expense ............. 1,800
Dividends paid during 2012 .......... 6,000
Rent expense ................ 10,400
Service revenue ............... 58,000
Utilities expense ................ 2,400
Salaries and wages expense ......... 30,000
Instructions
After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2012.
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Answer
ALEXIS CO. Income Statement For the Year Ended December 31, 2012 Revenues Service revenue .........…View the full answer
Related Book For 
Financial Accounting Tools for business decision making
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
ISBN: 978-0470534779