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Question 2) The following information relates to R. King Co. for the fiscal year. (All dollars are in thousands.) Service revenue Utilities expense $
Question 2) The following information relates to R. King Co. for the fiscal year. (All dollars are in thousands.) Service revenue Utilities expense $ 33,250 12,400 Accounts payable 14,000 Salaries expense 28,030 Retained earnings, February 1, 2020 88,715 Dividends Advertising expense Other revenue Rent expense Instructions (in color): After analyzing the data, prepare an income statement and a retained earnings statement (in good form) for the year ending January 31, 2021. 5,804 3,501 6,540 14,700
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