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Retained earnings january 1 201150000advertising

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Reference no: EM13379551

Retained earnings, January 1, 2011 $50,000
Advertising expense $1,800
Dividends during 2011 5,200
Rent expense 10,400
Service revenue 62,500
Utilities expense 3,100
Salaries expense 28,000


After analyzing the data, complete the income statement and retained earnings statement below for the year ending December 31, 2011. (List amounts from largest to smallest eg 10, 5, 3, 2. Enter all amounts as positive amounts and subtract where necessary.)

Reference no: EM13379551

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