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Based on the following Accounts balance for Kadijatu Kitchen, prepare the Income Statement, Statement of Retained Earnings, and Balance sheet. Kadijatu Samura, the sole stockholder,

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Based on the following Accounts balance for Kadijatu Kitchen, prepare the Income Statement, Statement of Retained Earnings, and Balance sheet. Kadijatu Samura, the sole stockholder, made no additional investments in the company during the year. Accounts payable 35,300.00 Accounts receivable 48,300.00 Beauty supplies 25,200.00 Beauty supplies expense 5,100.00 Building 240,000.00 Cash 278,000.00 Common Stock 360,000.00 Dividends 56,000.00 Equipment 78,320.00 Land 128,000.00 Notes Payable 68,000.00 Notes Receivable 60,000.00 Prepaid Rent 36,000.00 Rent expense 48,000.00 Retained Earning 0.00 Revenue 506,170,00 Salaries Payable 15,200.00 Unearned Revenue 74,200.00 Utilities Expense 10,350.00 Wages Expense 45,600.00 Totals $2,057,740.00

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