a corpo r i b us in, the following u s the 1.2022. On ed the show . Receb 16,150 Equipment 2. D , Acts Payabi 7,50: Como o a mber 2.0 hores View 1.030, e detonac 1 ,320, entou de 3,50 Co n e bec 4.140, 1423 hand the balance on , and a ngegen 15 M 19 P on a more not payat 26 Borrowed 55.950 tommerican 11 Torres egen for the Bank the money was born account 5400 word My Bl00 Kimmel, Financial Accounting, 9e Prepare an income statement for August. SPLISH BROTHERS INC. Income Statement For the Month Ended August 31, 2022 Revenues Service Revenue 9,600 Expenses Salaries and Wages Expense Rent Expense Salaries and Wages Expense Advertising Expense Utilities Expense Total Expenses 2,740 Net Income / (Loss) 6,860 LINK TO TEXT Your answer is partially correct. Try again. Prepare a retained earnings statement for August. (List items that increase retained earnings first.) SPLISH BROTHERS INC. Retained Earnings Statement For the Month Ended August 31, 2022 Retained Earnings, August 1 2 ,090 Add Net Income / (Loss) 6,860 Less Dividends (680) Retained Earnings, August 31 L Prepare a classified balance sheet at August 31. (List current assets in order of liquidity) SPLISH BROTHERS INC. Balance Sheet August 31, 2022 Assets Current Assets Cash 11,240 Accounts Receivable 8,570 Supplies Accounts Receivable 990 Total Current Assets 20,800 Equipment 12,790 Total Assets 33,590 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable 5,130 Notes Payable 5,950 1 Total Current Liabilities 11,080 Stockholders' Equity Common Stock 10,550 Retained Earnings 2,090 Total Stockholders' Equity 12,640 Total Liabilities and Stockholders' Equity 23,720 C 400 A v ar 95.190. Supos o 1,650, Account Pays Common Stock Problem 33 indy Crawd o poration providing services, Soch Brothers neony 1, 2022 Os July 31 Tetonte $10.550, M ed En 2090 Ourg Aurust the fog trans curred 1 Colected 51,150 of receivable due from customers 4 and 2.20 hores payable de 9 Performed worth 56.030, which 3,570 ch and the B esin Seeber 15 Puchaditional Me mento 4,140, 5430 and the begin 19 Paris 1,320, ent for A d vertising pee 1450 23 Pad cash dividend 60. 26 Borrowed 5.0 o r lathe money on the 11 Truyen the month out 400 You r s partial core Try again Prepare any othe r s beginning w sign for parentheses) in front of the amount entered for the a nces that mange for any cho inte tam tr e e that was reeds (4001 11.10 LINK TO TEXT Bundy Crawford created a corporation providing in $10.590; Femings 12090. During v ice So the u th Inc, on July 1, 2003. Onu trans curred vabas Supes 1990: Com A A1 Collected $1.150 f r due from somers Performed with which 51.539 c ted 15 Purchased to equipment for 54.140, paying 1420 i 0 0 g be 1 debe 1450 borrowed 9,90 From American Federated the money was born on th e You can try again Atraction while cute an extra t he for Star quity Bl. 4,700 Aug 1150 can SD pe
