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ALL NUMBERS CUT OFF ON BALANCE SHEET ARE ZEROS Please Include Statement of owners equity and a Classfied balance sheet THANK UUUU. ustauuele ueneris HER
ALL NUMBERS CUT OFF ON BALANCE SHEET ARE ZEROS
Please Include Statement of owners equity and a Classfied balance sheet THANK UUUU.
ustauuele ueneris HER Net Income 5,520 5,520 Totals 109,770 109,770 25,660 25.660 b. Prepare an income statement, a statement of owner's equity, and a classified balance sheet. Note: The amount of the mortgage due the first year is $820. Begin with the Review the worksheet you prepared above. Jon's Supplies Income Statement For Year Ended December 31, 2019 Revenue Less Get more help Trial Balance Adjustments Adjusted TB Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash 1,600 1,600 1,600 3,200 Accounts Receivable 3,200 3,200 Merchandise Inventory 11,300 (A) 900 12,200 12,200 1,300 1,840 (D) 540 1,300 3.100 3,100 3,100 1,050 (C) 370 1,420 1.420 Prepaid Insurance Equipment Accum Dep'n Equipment Accounts Payable Unearned Training Fees Mortgage Payable P Jon, Capital 5.110 5.110 5.110 2.110 (B) 270 1.846 1.840 1,190 1.190 1.190 10.580 10.580 10.580 4.2601 4 2601 Plan Withdrawals 42601 Print Done (C) 1,050 370 1,420 5,110 5.116 1.840 2,110 (B) 270 1,420 5,110 1,840 1,190 10,580 Accum. Dep'n., Equipment Accounts Payable Unearned Training Fees Mortgage Payable P. Jon, Capital P Jon, Withdrawals 1,190 1,190 10.580 10,580 4,260 4,260 4,260 109,500 109,500 109,500 Sales 3,250 3.250 Sales Returns and Allowances 3.250 2,590 2.590 Sales Discounts 2.590 900 63,200 63,200 (A) 64.100 Cost of Goods Sold 10.900 10.900 10.900 Advertising Expense Rent Expense 9,700 9,700 9.700 13.700 13,700 13.700 Salaries Expense 129.540 129.540 Sales Returns and Allowances 3,250 3,250 3,250 Sales Discounts 2,590 2,590 2.590 Cost of Goods Sold 64,100 (A ) 900 63,200 63,200 10,900 10,900 10.900 Advertising Expense Rent Expense 9,700 9,700 9,700 13,700 Salaries Expense 13,700 13,700 129,540 129,540 (8) 270 270 270 Training Fees Earned Dep'n Exp.. Equipment (C) 370 370 370 540 540 540 Insurance Expense (D) 2,080 2.080 129,910 129.910 Totals 104.250 109.770 5,520 25.660 20.146 5.520 Net Income 109,770 109,770 25 660 25660 Totals Jon's Supplies Income Statement For Year Ended December 31, 2019 Revenue Less Operating Expenses: Read the requirements. Revenue: Less: Operating Expenses Total Operating expenses Net Income from Operations Operating Expenses: Total Operating expenses Net Income from Operations Other Income IT Net IncomeStep by Step Solution
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