This information relates to Alexis Co. for the year 2012.
|
Retained earnings, January 1, 2012
|
$67,000
|
|
Advertising expense
|
1,800
|
|
Dividends paid during 2012
|
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, 2012.