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16 Answer is not complete. Impact on Income Statement St Retained General General Trial Balance Balance Sheet Requirement Equity Earnings Journal Ledger 6.25 points Using

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16 Answer is not complete. Impact on Income Statement St Retained General General Trial Balance Balance Sheet Requirement Equity Earnings Journal Ledger 6.25 points Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. HV Consulting Income Statement For Month Ended September 30, 2017 Revenues Fees revenue 14 250 Total revenues 14.250 Expenses: Salanes expense 3.600 Usities expense 635 Total experses 4.235 Net incomer 10.015 Triel Balance st Betained Earnings as follows Business transactions completed by Hannah Venedict during the month of September are Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. 1 Venedict invested $60,000 cash along with office equipment valued at $25,000 in exchange for common stock of a new company named HV Consulting. 3 The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-tern note payable for $170,000. 5 The company purchased $2,000 of office supplies on eredit. 7 Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,500 and is to be used exelusively in the business. 9 The company purchased $5,600 of additional office equipment on credit. Sep. Sep- Sep. Sep. Sep- Sep. 11 The company paid $1,800 cash salary to an assistant. Sep. 13 The company provided services to a client and collected $8,000 cash. Sep. 15 The company paid $635 cash for this month's utilities. Sep. 17 The company paid $2,000 cash to settle the account payable ereated on September 5. Sep. 19 The company purchased $20,300 of new office equipment by paying $20,300 cash. Sep. 21 The company completed $6,250 of services for a elient, who mst pay within 30 days. Sep. 23 The company paid $1,800 cash salary to an assistant. Sep. 25 The company received $4,000 cash in partial payment on the receivable ereated on September 21. Sep. 27 The company paid $2,800 cash in dividenda. Answer is not complete. Income Statement St Retained Earnings General Journal General Impact on Equity Trial Balance Balance Sheet Requirement Ledger Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. HV Consulting Income Statement For Month Ended September 30, 2017 Revenues Fees revenue 14.250

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