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Account Balances for Tackett Co as of 12/31/2020 Tackett Company Income Statement For the year ended 12/31/20 Revenues Expenses Required Using the account balances
Account Balances for Tackett Co as of 12/31/2020 Tackett Company Income Statement For the year ended 12/31/20 Revenues Expenses Required Using the account balances to the right, prepare the Income Statement and the Balance Sheet, You will enter the account name and amount on the relevant statement. Formulas (totals) have already been entered for you Note-you do not need to prepare the Ston of SE Salaries expense Account Balance Retained earnings 50,200 100,000 Advertising expense 15,600 Dividends 9,000 Common stock 145,000 Cash 13,300 Accounts payable 9,500 Prepaid rent 4,800 Total expenses Accounts receivable 82,100 Net income Service revenue 250,000 Utilities expense 30,700 Equipment 200,000 Tackett Company Statement of Stockholders' Equity For the year ended 12/31/201 Deferred (unearned) revenue 3,400 Supplies 2,600 Common Stock Retained Earnings Total SE Do Not enter anythine on the Statement of Stockholders
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