This information relates to ABC Co. for the year 2010.
Retained earnings, January 1, 2010 $64,000
|
Advertising expense |
1,800 |
|
Dividends paid during 2010 |
6,000 |
|
Rent expense |
10,400 |
|
Service revenue |
53,000 |
|
Utilities expense |
2,400 |
|
Salaries expense |
30,000 |
After analyzing the data, complete the following Income Statement and Retained Earnings Statement for the year ended December 31, 2010. (List expenses from largest to smallest amount, e.g. 10, 5, 2.)