Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Create the income statement Create the statement of stockholders\' equity Create

ID: 2328388 • Letter: C

Question

Create the income statement
Create the statement of stockholders' equity

Create an end of period balance sheet

Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,200 Service revenue 29,000 Food Expense 4,400 Buildings 2,600 Supplies 5,500 Salaries payable $67,700 53,400 40,000 3,400 800 In addition, the company had common stock of $40,000 at the beginning of the year and issued an additional $4,000 during the year. The company also had retained earnings of $18,200 at the beginning of the year,

Explanation / Answer

Income statement :

Statement of stockholder's equity:

Balance sheet:

Revenue Service revenue 67700 Expense Salaries expense 5500 Delivery expense 2600 Food expense 53400 Total expense 61500 Net Income 6200
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote