The assets and liabilities of S&P Day Spa at December 31, 2011, and its revenue and expenses for the year are listed below. The Retained Earnings balance was $57,830 at January 1, 2011.
Based on the data provided for S&P Day Spa, prepare a retained earnings statement for the year ended December 31, 2011.

Question

The assets and liabilities of S&P Day Spa at December 31, 2011, and its revenue and expenses for the year are listed below. The Retained Earnings balance was $57,830 at January 1, 2011.
  Based on the data provided for S&P Day Spa, prepare a retained earnings statement for the year ended December 31, 2011.

Quizplus · Accepted Answer

The Answer of The assets and liabilities of S&P Day Spa at December 31, 2011, and its revenue and expenses for the year are listed below. The Retained Earnings balance was $57,830 at January 1, 2011.
  Based on the data provided for S&P Day Spa, prepare a retained earnings statement for the year ended December 31, 2011.

The Assets and Liabilities of S&P Day Spa at December