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  • Presented Below Is Information Related To Alexis and Ryans Attorneys

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    Retained earnings for Alexis and Ryans, Attorneys at Law increased from $23,000 on January 1, 2019 to $152,000 on December 31, 2019. In 2019, the law firm earned $340,000 in legal service revenue and incurred $211,000 in total expenses, and paid $64,000 in dividends.

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    Retained earnings for Alexis and Ryans, Attorneys at Law increased from $23,000 on January 1, 2019 to $152,000 on December 31, 2019. In 2019, the law firm earned $340,000 in legal service revenue and incurred $211,000 in total expenses, and paid $64,000 in dividends.

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    19 views1 page

    Presented Below Is Information Related To Alexis and Ryans Attorneys

    Uploaded by

    trilocksp Singh
    Retained earnings for Alexis and Ryans, Attorneys at Law increased from $23,000 on January 1, 2019 to $152,000 on December 31, 2019. In 2019, the law firm earned $340,000 in legal service revenue and incurred $211,000 in total expenses, and paid $64,000 in dividends.

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    © All Rights Reserved
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    Presented below is information related to Alexis and Ryans

    Attorneys
    Presented below is information related to Alexis and Ryans Attorneys

    Presented below is information related to Alexis and Ryans, Attorneys at Law.


    Retained earnings, January 1, 2019...................$ 23,000
    Legal service revenue-2019...........................340,000
    Total expenses-2019...................................211,000
    Assets, January 1, 2019...................................85,000
    Liabilities, January 1, 2019..............................62,000
    Assets, December 31, 2019.............................168,000
    Liabilities, December 31, 2019..........................80,000
    Dividends-2019..........................................64,000
    Instructions
    Prepare the 2019 retained earnings statement for Alexis and Ryans, Attorneys at Law.

    Presented below is information related to Alexis and Ryans Attorneys


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