Photo Gallery, Inc., works weddings and prom-type parties. The balance of Retained earnings was…

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Photo Gallery, Inc., works weddings and prom-type parties. The balance of Retained earnings was $17,000 at December 31, 2011. At December 31, 2012, the business’s accounting records show these balances:Photo Gallery, Inc., works weddings and prom-type parties. The balance of Retained earnings was $17,000 at December 31, 2011. At December 31, 2012, the business’s accounting records show these balances:Requirement1. Prepare the following financial statements for Photo Gallery, Inc., for the year ended December 31, 2012:a. Income statementb. Statement of retained earningsc. Balancesheet
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Photo Gallery Inc works weddings and prom type parties The b