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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.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9798085
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