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Prepare an income statement, a balance sheet and a retained earnings sheet This information relates to Tamarisk, Inc. for the year 2017. Retained earnings, January

Prepare an income statement, a balance sheet and a retained earnings sheet

This information relates to Tamarisk, Inc. for the year 2017.

Retained earnings, January 1, 2017		$87,100
Advertising expense		2,340
Dividends		7,800
Rent expense		13,520
Service revenue		75,400
Utilities expense		3,120
Salaries and wages expense		39,000

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