Please help me create an income statement, balance sheet, and statement of retai

Question

Please help me create an income statement, balance sheet, and statement of retained earnings!

Here are the t-charts with beginning and end balances:

And here is the balance sheet, statement of retained earnings, and income statement:

** I dont think I have all of the accounts on the Income statement **

Cash Accounts Receivable Beg. bal eb. 19b eb. 26b 21,020 9,460 560 Beg. bal eb. 10a eb. 26a 12,050 25,500 560 0 850 Feb. 2 600 Feb. 6 2,400 Feb. 16 14,700 Feb. 17 1,400 Feb. 1 4,500 Feb. 15d 1,800 Feb. 18 9,600 Feb. 19b 5,800 Feb. 19a 560 Feb. 26b 600 Feb. 28 End. bal 6,090 End. bal 20,250 Allowance for Doubtful Accounts Inventory 3,400 15,000 600 2,340 Beg. bal eb. 18 1,700 Beg. bal 560 Feb. 26a 1,160 Feb. 29b 13,540 Feb. 10b 2,730 Feb. 15b 300 Feb. 17 1,800 eb. 5 eb. 6 eb. 15c End. bal 1,620 End. bal 4,770 Notes Receivable Interest Receivable Beg. bal eb. 1 0 Beg. bal 0 1,400 eb. 29d End. bal 1,400 End. bal Accounts Payable Unearned Revenue Beg. bal eb. 17 eb. 19a 2,900 Beg. bal 5,150 0 15,000 2,900 0 15,000 Feb. 5 eb. 15a 5,150 750 Feb. 27 End. bal 750 End. bal

Explanation / Answer

Income Sttaement Revenue Sales Revenue 30650 Less: Sales discount 140 Less: Sales Return & allowances 4500 Net sales 26010 Cost of Good sold 13930 Gross Profit 12080 Expenses wages Expenses 4800 Rent Expenses 2900 utility expenses 750 Bad Debt expenses 1160 Insurance expenses 850 Ttal operating expneses 10460 Net Operating Income 1620 Other Revenue/(expenses) Interest Revenue 11 Interest expenses -140 Net Income 1491 Statement of Retained Eranings Retained Eranings,beg of period 6120 Add : net income 1491 Less: dividend -600 Retained Eranings, Ending balance 7011 Balance Sheet Assets Liabilities & stockholder Equity Current assets Current Liabilities Cash 6090 Accounts payable 750 Accounst Receivable 20250 Less: allowance for Doubtful debts -1620 Wages Payable 2400 Net accounts Reecivable 18630 Interest payable 140 Inventory 4770 Total Current Liabilities 3290 Notes Receivable 1400 Notes Payable 14000 Interest receivable 11 Total Liabilities 17290 Total current assets 30901 Stockholder Equity Contributed capital 6600 Retained Eranings 7011 Total Stockholder Equity 13611 Liabilities & stockholder Equity 30901

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