Presented below is information related to Williams and Douglas, Attorneys at Law Ltd. ...
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Accounting
Presented below is information related to Williams and Douglas, Attorneys at Law Ltd.
| Retained earnings, January 1, 2017 | 34,273 | |
| Legal service revenue2017 | 340,490 | |
| Total expenses2017 | 211,799 | |
| Assets, January 1, 2017 | 90,777 | |
| Liabilities, January 1, 2017 | 56,504 | |
| Assets, December 31, 2017 | 163,652 | |
| Liabilities, December 31, 2017 | 109,378 | |
| Dividends2017 | 108,690 |
Prepare the 2017 retained earnings statement for William and Douglas, Attorneys at Law Ltd. (List items that increase retained earnings first.)
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