Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Complete all answer boxes. Enter a "0" for any zero balances.) Review the ending balances of the accounts from Requirement 1. Requirement 2. Prepare the financial statements. Abby Petrillo recently opened her own law office on March 1 , which she operates as a corporation. The name of the new entity is Abby Petrillo, Attorney. Petrillo experienced the following events during the organizing phase of the new business and its first month of operation, March 2018. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business. Anulyze the everis chronologicaly, one tranaction at a time, beginning with the trarasclon on fhe fat. For exch trankaction that 12 c. Balance sheet. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Review the ending balances of the accounts from Requirement 1. Requirements 1. Analyze the effects of the preceding events on the accounting equation of Abby Petrillo, Attorney. 2. Prepare the following financial statements: a. Income statement. b. Statement of retained earnings. c. Balance sheet. d. Statement of cash flows. d. Statement of cash flows. Complete the statement one section at a time. beainning with the headina and cash flows from oneratina activities. (Use a minus box empty; do not select " "0" for any zero subtotal More info