Presented below is information related to Anthony Scalici Company. $$\begin{array} { l r }
\text { Retained earnings, January 1,2018 } & \$ 21,000 \
\text { Service revenue-2018 } & 320,000 \
\text { Total expenses-2018 } & 213,000 \
\text { Assets, January 1,2018 } & 85,000 \
\text { Liabilities, January 1,2018 } & 64,000 \
\text { Assets, December 31,2018 } & 165,000 \
\text { Liabilities, December 31,2018 } & 90,000 \
\text { Dividends-2018 } & ?
\end{array}$$
Instructions
Prepare the 2015 retained earnings statement for Anthony Scalici Company.

Question

Presented below is information related to Anthony Scalici Company. $$\begin{array} { l r } 
\text { Retained earnings, January 1,2018 } & \$ 21,000 \
\text { Service revenue-2018 } & 320,000 \
\text { Total expenses-2018 } & 213,000 \
\text { Assets, January 1,2018 } & 85,000 \
\text { Liabilities, January 1,2018 } & 64,000 \
\text { Assets, December 31,2018 } & 165,000 \
\text { Liabilities, December 31,2018 } & 90,000 \
\text { Dividends-2018 } & ?
\end{array}$$ 
Instructions
Prepare the 2015 retained earnings statement for Anthony Scalici Company.

Quizplus · Accepted Answer

The Answer of Presented below is information related to Anthony Scalici Company. $$\begin{array} { l r } 
\text { Retained earnings, January 1,2018 } & \$ 21,000 \
\text { Service revenue-2018 } & 320,000 \
\text { Total expenses-2018 } & 213,000 \
\text { Assets, January 1,2018 } & 85,000 \
\text { Liabilities, January 1,2018 } & 64,000 \
\text { Assets, December 31,2018 } & 165,000 \
\text { Liabilities, December 31,2018 } & 90,000 \
\text { Dividends-2018 } & ?
\end{array}$$ 
Instructions
Prepare the 2015 retained earnings statement for Anthony Scalici Company.

Presented Below Is Information Related to Anthony Scalici Company Instructions Prepare the 2015 Retained Earnings Statement for Anthony Scalici

Presented Below Is Information Related to Anthony Scalici Company Instructions
Prepare the 2015 Retained Earnings Statement for Anthony Scalici