This information relates to Benser Co. for the year 2017. Retained earnings, January 1, 2017 ................$67,000 Advertising
Question:
This information relates to Benser Co. for the year 2017.
Retained earnings, January 1, 2017 ................$67,000
Advertising expense ................................. 1,800
Dividends ............................................. 6,000
Rent expense .......................................... 10,400
Service revenue ....................................... 58,000
Utilities expense ...................................... 2,400
Salaries and wages expense ........................ 30,000
Instructions
After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2017.
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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