A) prepare an income statement and a retained earnings statement for the year

B) prepare a classified statement of financial position at July 31

s. mor E4-17 These financial statement items are for Van Dijk Company NV at year-end 2017. Salaries and wages payable $ 2,040 Notes payable (long-term) Salaries and wages expense 50,700 Cash Utilities expense 22,600 Accounts receivable Equipment 30,000 Accumulated depreciation equip. Accounts payable 4,100 Dividends Service revenue 62,000 Depreciation expense Rent revenue 8,500 Retained earnings (beginning Share capital-ordinary 25,000 of the year) Instructions (a) Prepare an income statement and a retained earnings statement for the year (b) Prepare a classified statement of financial position at July 31. *E4.18 Ranald. Prepare financial statements (LO 1,6) MISIUN. E4-17 These financial statement items are for Van Dijk Company NV at year-end, July 31 2017. Salaries and wages payable $ 2,040 Notes payable (long-term) $ 1,800 Salaries and wages expense 50,700 Cash 14,200 Utilities expense 22,600 Accounts receivable 9,240 Equipment 30,000 Accumulated depreciation-equip. 6,000 Accounts payable 4,100 Dividends 3,000 Service revenue 62,000 Depreciation expense 2,400 Rent revenue 8,500 Retained earnings (beginning Share capital-ordinary 25,000 of the year) 22,700 Instructions (a) Prepare an income statement and a retained earnings statement for the year. (b) Prepare a classified statement of financial position at July 31. *E4-18 Ronaldo Coman. Use reversing entries