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The following information is related to Alexis and Ryans, Attorneys at Law. Retained earnings, January 1, 2022 $ 23,000 Legal service revenue2022 340,000 Total expenses2022
The following information is related to Alexis and Ryans, Attorneys at Law. Retained earnings, January 1, 2022 $ 23,000 Legal service revenue2022 340,000 Total expenses2022 211,000 Assets, January 1, 2022 85,000 Liabilities, January 1, 2022 62,000 Assets, December 31, 2022 168,000 Liabilities, December 31, 2022 80,000 Dividends2022 64,000 Instructions
a.Prepare the 2022 retained earnings statement for Alexis and Ryans, Attorneys at Law.
b. Prepare a cash flow statement.
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