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Ensbled: Exam 1: Chapters 1, 2 and 3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On
Ensbled: Exam 1: Chapters 1, 2 and 3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metry Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0. 3. Prepare a December 31 balance sheet. Hint: Use the Re dim mor income statement for the business. Complete this question by entering your answers in the tabs below. Preoare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0. Prepare a December 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part
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