Answer: Please see explanation column for answers 
Explanation: Given Revenue and expenses 
 Accounts payable $2,000     Miscellaneous expense $1,030, Accounts receivable 10,340        Office expense 1,240 
   Cash 21,420,                       Wagesexpense 23,550                       Supplies 1,670  Land 47,000,  Building 157,630,  Dividends 16,570, Fees earned 73,450    
a. income statement for the current year ended March 31.
 Fees earned = Revenue
Fees earned                                              73, 450
Expenses Incurred 
Wages expense                     -$23,550      
Miscellaneous expense       -  $1,030
Office expense                        -$1,240
Total Expenses                                              25,820
Net income                                                   $47,630
Working : Net income = fees earned ( Revenue )- Total expenses = 
$73,450 - $25,820 = $47,630
2.statement of retained earnings for the current year ended March 31.
Retained earning  at April 1ST               $60,000
Net income                                                  $47,630
Dividend                                                       $16,570
Retained earnings                                        $91,060
 Working 
Retained earning = Retained earning from april 1st + Net income -- Dividend 
 $60,000 + $47,630) - $16,570 = $91,060
 3.
A balance sheet is a company's financial statement that shows its assets, liabilities and shareholders' equity to illustrate  the financial position of the company showing what the company has as its assets, n  is owing , and  the amount  liable to shareholders.at a particular  time. In a balance sheet,  Assets  must equal Liabilities and Shareholders’ Equity..
Balance sheet for Thompson's Computer Service.
Current assets 
 Cash                                                        $21,420
 Account receivables                               $10,340  
 Supplies                                                    $1,670
Total current assets $33,430 
Property land and equipment
 Land                                                           $47,000 
 Building                                                    $ 157,630
 Total  Property land and equipment       $204,630
 Total assets                                               $238,060                                     
Liabilities and equity
Accounts payable                                              $2,000      
Stock holder's equity    
Common stock                                                 $145,000
Retained earnings                                             $91,060
 Stock holder's equity                                      $236,000
Total Stock holder's equity and Liabilities      $ 238,060 
 we can see in the balance sheet that Stock holder's equity and Liabilities = Total Assets