Homework: Week 3- Chapter 04 exercises Sav Score: 0 of 1 pt 4 of 8 (0 complete)

Question

Homework: Week 3- Chapter 04 exercises Sav Score: 0 of 1 pt 4 of 8 (0 complete) HW Score: 0%, 0 or 8 p E4-15 (similar to) Question Help The adjusted trial balance for Green Advertising Services is presented below EBB Click on the icon to view the adjusted trial balance ) Requirements 1. Prepare the income statement for the year ending December 31.2016 2. Prepare the statement of owner's equity for the year 3. Prepare the classified balance sheet as of December 31, 2016 Use the report form ending December 31. 2016 Assume that there were no contmbutions made by the owner during the year Requirement 1. Prepare the income statement for the year ending December 31. 2016, (use a minus sign or the statement, leave the box empty, do not select a label or enter a zero) parentheses to show a net loss If a box is not used in Green Advertising Services Income Statement Year Ended December 31, 2016 Net Income (d.oss)

Explanation / Answer

Requirement 1 :

Requirement 2:

Requirement 3:

Green Advertising Services Income Statement Year ended December 31 2016 Service Revenue $ 48,100 Expenses Salaries Expense 26,000 Supplies Expense 8,900 Depreciation Expense: Furniture 1,100 Depreciation Expense: Building 3,100 Advertising Expense 10,000 Total Expenses 49,100 Net Income ( Loss) (1,000)

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.