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Assume the Island Coffee Roasters Corp, ended the month of August 2019 with those data: (Click the icon to view the financial data.) Read the

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Assume the Island Coffee Roasters Corp, ended the month of August 2019 with those data: (Click the icon to view the financial data.) Read the requirement Prepare the income statement. Start with the heading and then complete the rest of the statement. (If a box is not used in the income statement leave the ended the month of August 2019 with these data: ta.) 0 Requirement the re Belect 1. Prepare the income statement and the statement of retained earnings of Island Coffee Roasters Corp., for the month ended August 31, 2019. Print Done an click Check Answer. TI SUU /static 0 Data Table offee Roa view the tatement and ther Payments of cash: Acquisition of equipment Dividends Retained earnings August 1, 2019 Retained earnings August 31, 2019 ..........$ 200,000 Cash balance, August 1, 2019 ........ $ 2,700 Cash balance, August 31, 2019 ........ 6,000 Cash receipts: Issuance (sale) of stock to owners 13,700 Rent expense 1,800 ? Common stock 13,700 5 800 Enuinment 200 000 Itilities A ANSA p-down Print Done i Data Table Retained earnings August 1, 2019 Retained earnings August 31, 2019 Utilities expense Adjustments to reconcile net income to net cash provided by operations Salary expense Cash receipts: 0 Issuance (sale) of stock to owners ... Rent expense ..... ? Common stock 5,800 Equipment Office supplies 1,400 Accounts payable 78,100 Service revenue 13,700 1,800 13,700 200,000 7,500 8,900 279,300 Print Print Done WI Island Coffee Roasters Corp. Balance Sheet Income Statement Statement of Cash Flows Statement of Retained Earnings August 31, 2019 Month Ended August 31, 2019 Year Ended August 31, 2019 x is

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