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15. (40 points) Anchor House Realtors, Inc. prepared the followi ng random list of assets, liabilitie venues, and expenses from its December 31, 2014 year
15. (40 points) Anchor House Realtors, Inc. prepared the followi ng random list of assets, liabilitie venues, and expenses from its December 31, 2014 year end accounting records. Prepare the Income Statement, Statement of Retained Earnings and the CLASSIFIED Balance Sheet for Anchor House Realtors, Inc, as of December 31, 2014. Each of your statements should have the 3-line heading, and your Balance Sheet should be a classified Balance Sheet. Please use the blank paper to provide your answer Account Debit Credit Cash $80 Common Stock 11,640 4.100 Unearned Revenuc Inventony Supplies Expense Supplies Prepaid Rent Goodwill Building Depreciation Expense Notes Payable, due 2020 Accounts Receivable Paid in Excess of Par Retained Earnings Income Tax Expense Service Revenue Rent Expense Accounts Payable Salaries Expense Accumulated Depreciation ividends Cost of Goods Sold Totals 2.000 1200 1,900 500 6,000 40,000 1.40 2.300 1,000 3,000 5.100 8,040 2,300 6,400 33,00 7.500 $8,500 2,000 1,600 $75,140 $75,140
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