1 E F G H I ] K M N 0 P R S Dzen International Incorporated has a list of accounts in alphabetical order at the end of its first year of 2 operations ending December 31, Current Year. 3 4 Accounts Payable $ 700 5 Accounts Receivable 6 Inventories 7 Cash 8 Common Stock 500 800 900 1,000 9 Dividends 200 10 Properties, net 1,000 11 Income Tax Expense 400 12 Insurance Expense 500 13 Interest Expense 100 14 Notes Payable 1,500 15 Rent Expense 1,200 16 Retained Earnings ? 17 Sales Revenue 4,000 18 Supplies 100 700 800 19 Cost of Goods Sold 20 Utilities Expense 21 22 Required: 23 1. Create an Income Statement. 24 2. Create a Statement of Stockholders' Equity. 25 3. Create a Balance Sheet. 26 27 28 29 30 Dzen International Incorporated Income Statement 31 Sales Revenue 32 33 Cost of Goods Sold 34 Insurance Expense 35 Interest Expense 36 Rent Expense 37 Utilities Expense 38 39 Income Tax Expense 40 41 43 44 45 Note: Negative amounts or amounts to be deducted should be input and displayed as negative values. All 42 other answers should be input and displayed as positive values. Dzen International Incorporated Statement of Stockholders' Equity 46 47 Common Stock Retained Earnings 48 49 50 51 52 53 Dzen International Incorporated 54 Balance Sheet 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 77 Nothing in this area will be graded, but it will be submitted with your assignment. 78 79 80 81