a. Prepare a comparative balance sheet for Jet Away Airlines as of September 30, 2013, and september 30, 2012, in the format used in Exhibit 1.1. Classify each balance sheet item into one of the following categories: current assets, noncurrent assets, current liabilities noncurrent liabilities, and shareholders' equity b. Prepare an income statement for JetAway Airlines for the year ended September 30, 2012, and September 30, 2013. JetAway declared and paid dividends during fiscal 2013 Block's Tax and Bookkeeping Services, on July 1, 2013. He invests $40,000 for all the com- 2013 e. Prepare a schedule explaining the change in retained earnings between 40. Cash versus accrual accounting, Jack Block opens a tax and bookkeeping services business, mon stock of the business, and the firm borrows $20,000 from the local bank, promising to repay the loan on December 31, 2013, along with interest at 8% per year, or approximately S133 per month ((0.08 x $20,000y12 months). The firm rents space on July 1 and pays S6,000 for three months rent in advance, and leases office equipment for the year, prepay ing $12,000 for six months rent. The firm hires an office assistant whom it will pay $72,000 per year with payments every two months, issuing the first paycheck on August 31. Finally the firm pays cash for office supplies during July costing $370; a physical count at the end of July shows that $280 of office supplies are on hand. During July, Block's Tax and Bookkeeping Services performs services and bills customers for $44,000, On July 31, 2013, customers had paid $13,000 of the amount owed. a. What is income for Block's Tax and Bookkeeping Services for July 2013: (1) Applying cash-basis accounting. (2) Applying accrual accounting