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inswer tbe following questions regarding the Retained Earnings Statemeat that woald be prepared from the adjasted trial balance. It is suggested that you prepare the

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inswer tbe following questions regarding the Retained Earnings Statemeat that woald be prepared from the adjasted trial balance. It is suggested that you prepare the Retained Earmags Statement in good forn before answering the questions, Rereember that all finascial statemests bave an "ordet" to the lasting of accounts. Secoed tabe on the Hetained Harming Shement Third line on the Retained Larning Malement Fowrth line in the Relaned Farsings \$tatement 1. December 31,20x1 2. For ithe year zaded Decmber 31, 2001 3. Hetained earmans January 1, 20xi rop.000 4. Ketaibed earningu Derember 31,20x;9,000 What is the cerrect wny io dale the Second line on the Retained Earnings Statement 1. December 31,201 Third line on the Retained Earnings 2. For the year ended December 31,201 Statement 3. Retained earnings January 1,20170,000 Fourth line on the Retained Earnings Statement 4. Retained earnings December 31,20189,000 What is the correct way to date the Retained Earnings Statement. 5. Less:Dividends 20,000 First line on the Retained Earnings 6. Add: Net income 39,000 Statement

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