I have several parts to this question1)Revenues for 2008- $3000Dividends for 2008-$2000Expenses for 2008- $10001/1 Retained Earnings -blank12/31 Retained Earnings balance $60002)Revenues for 2008-$ 5000Dividends for 2008-blankExpenses for 2008- $40001/1 Retained Earnings $800012/31 Retained Earnings $30003)Revenues for 2008-$6000Dividends for 2008-0Expenses for 2008-blank1/1 Retained Earnings balance $1200012/31 Retained Earnings balance $80003)Revenues for 2008-blankDividends for 2008-$3000Expenses for 2008-$60001/1 Retained Earnings balance-$800012/31 Retained Earnings balance-$9000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...
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I have several parts to this question

1)
Revenues for 2008- $3000
Dividends for 2008-$2000
Expenses for 2008- $1000
1/1 Retained Earnings -blank
12/31 Retained Earnings balance $6000

2)
Revenues for 2008-$ 5000
Dividends for 2008-blank
Expenses for 2008- $4000
1/1 Retained Earnings $8000
12/31 Retained Earnings $3000

3)
Revenues for 2008-$6000
Dividends for 2008-0
Expenses for 2008-blank
1/1 Retained Earnings balance $12000
12/31 Retained Earnings balance $8000

3)
Revenues for 2008-blank
Dividends for 2008-$3000
Expenses for 2008-$6000
1/1 Retained Earnings balance-$8000
12/31 Retained Earnings balance-$9000

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