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Assume that you are the owner/operator of College Park Veterinary Clinic At the end of the second year of operations 2020), the following financial data

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Assume that you are the owner/operator of College Park Veterinary Clinic At the end of the second year of operations 2020), the following financial data for the company are available 3.000 sabte Party and be Mountayan 16.000 13. and Matrative Arti Martina Traten tad army 2013 Dributed capital 2000 200.00 100.000 42.000 31.000 3.000 0.000 11.000 1. Prepare an income statement for the year ended June 30, 2020 (Negative amounts should be indicated by a minus ligos COLLEGE PARK VETERINARY CLINIC Income Statement For the Year Ended June 30, 2020 Expenses Total expenses 2. Prepare a statement of retained earnings for the year ended June 30, 2020 (Negative amounts should be indicated by a mi sign) COLLEGE PARK VETERINARY CUNIC Startment of Red Eag For the Year Ended 20.2020 Robined earnings y 1, 2010 Retained wings June 30, 2020 3. Prepare a balance sheet at June 30, 2020 COLLEGE PARK VETERINARY CLINIC Balance Sheet Al June 30, 2020 Assets Total assets Lia Assume that you are the owner/operator of College Park Veterinary Clinic At the end of the second year of operate 2020), the following financial data for the company are available: Gishi Accounts Receivable Supplies Property and Equipment Other Maste Accounts Payable Notea Payable other abilition Salos Rovence Operating Expenses Selling and Administicative Expenses Advertising and Marketing Expennes Interest Expense Retained Earnings, July 1, 2019 Contributed capital Dividends $5,000 137.900 26,000 241,500 13.600 104,400 155.000 200,000 136,400 45.000 21.000 5,000 30.000 157.000 20.000

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