Prepare retained earnings statement for company
Presented here is information for Packee Inc. for 2012.
Retained earnings, January 1
$130,000
Revenue from legal services
400,000
Total expenses
175,000
Dividends
65,000
Instructions
Prepare the 2012 retained earnings statement for Packee Inc.
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Presented here is information for Packee Inc. for 2012. Prepare the 2012 retained earnings statement for Packee Inc.
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