Abdullah and Careem investors opened Campus Carpet Cleaning, Company. on

September 1, 2012. During the first month of operations, the following transactions

occurred.

Sept. 1 Stockholders invested $20,000 cash in the business.

2 Paid $1,000 cash for store rent for the month of September.

3 Purchased industrial carpet-cleaning equipment for $25,000, paying $10,000

in cash and signing a $15,000 note payable.

10 Received bill from the Daily News for advertising the opening of the cleaning

service, $200.

15 Performed services on account for $6,200.

20 Paid a $700 cash dividend to stockholders.

30 Received $5,000 from customers billed on September 15.

Instructions:

A) Prepare tabular analyses.

B) Prepare Income statement.

C) Prepare retained earnings statement.

D) Prepare balance sheet.

Abdullah and Careem investors opened Campus Carpet Cleaning, Company. on September 1, 2012. During the first month of operations, the following transactions occurred. Sept. 1 Stockholders invested $20,000 cash in the business. 2 Paid $1,000 cash for store rent for the month of September. 3 Purchased industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 note payable. 10 Received bill from the Daily News for advertising the opening of the cleaning service, $200. 15 Performed services on account for $6,200. 20 Paid a $700 cash dividend to stockholders. 30 Received $5,000 from customers billed on September 15. Instructions: A) Prepare tabular analyses. B) Prepare Income statement. C) Prepare retained earnings statement. D) Prepare balance sheet