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CALCU Exercise 4-17 a1,a2-b (Video) These financial statement items are for Sarasota Company at year-end, July 31, 2019. Salaries and wages payable $ 2,200 Notes

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CALCU Exercise 4-17 a1,a2-b (Video) These financial statement items are for Sarasota Company at year-end, July 31, 2019. Salaries and wages payable $ 2,200 Notes payable (long-term) $ 1,600 Salaries and wages expense 51,400 Cash 13,800 Utilities expense 22,600 Accounts receivable 10,500 Equipment 29,300 Accumulated depreciation-equipment 5,800 Accounts payable 5,000 Dividends 3,300 Service revenue 61,100 Depreciation expense 4,000 Rent revenue 8,500 Retained Earnings (beginning of the year) 21,100 Common Stock 29,600 Prepare an income statement for the year. (Enter negative amounts wing either a negative sign preceding the number .. .45 or parentheses eg. (45) Sarasota Company Income Statement Prepare a retained earnings statement for the year Sarasota Company Retained Earnings Statement . Prepare a classified balance sheet at July 31, (List Current Assets in order of liquidity.) Sarasota Company Balance Sheet Assets $ v Liabilities and Stockholders' Equity LALLURIUM HESSAGE MY INS Liabilities and Stockholders' Equity $ Click if you would like to Show Work for this question: Open Show Work

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