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Presented below is information related to Williams and Douglas, Attorneys at Law Ltd. Retained earnings, January...

Presented below is information related to Williams and Douglas, Attorneys at Law Ltd.

Retained earnings, January 1, 2017 £34,273
Legal service revenue—2017 340,490
Total expenses—2017 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
Dividends—2017 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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William and Douglas, Attorneys at Law Ltd Retained Earnings Statement For the Year Ended December 31,2017 Retained Earnings J

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