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all the same question Following is a list of financial statement items and amounts for Vantage Service as of 12/31/2020, the end of its first

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all the same question
Following is a list of financial statement items and amounts for Vantage Service as of 12/31/2020, the end of its first year in operation. Accounts Receivable Accounts Payable Cash Common Stock Notes Payable Equipment Sales Revenue Fuel Expense Rent Expense Advertising Expense Salaries and Wages Expense Retained Earnings Dividends $ 41,400 31,400 10,140 21,400 10,280 50,700 107,000 10,140 11,300 5,140 21,400 ? 19,860 16 Required: 1. Prepare the income Statement for the year ended December 31, 2020 2. Prepare the statement of retained earnings for the year ended December 31, 2020. 3. Prepare the basic (not classified) balance sheet for the year ended December 31, 2020. Required 1 Required 2 Required 3 Prepare the Income Statement for the year ended December 31, Year 1. VANTAGE SERVICE Income Statement For the Year Ended December 31, Year 1 Revenues $ 0 Total Revenues Expenses Total Expenses 0 Required Required 2 > Required 1 Required 2 Required 3 Prepare the statement of retained earnings for the year ended December 31, Year 1. VANTAGE SERVICE Statement of Retained Earnings For the Year Ended December 31, Year 1 Retained Earnings, January 1, Year 1 Retained Earnings, December 31, Year 1 VANTAGE SERVICE Balance Sheet December 31, Year 1 Assets Total Assets $ Liabilities Total Liabilities 0 Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity 0 $ 0

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