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Cash Equipment Accounts payable Delivery expense $ 1,400 Service revenue 165,200 26,500 Cost of goods sold (food expense). 52,900 3,900 Buildings 35,000 2,100 Supplies
Cash Equipment Accounts payable Delivery expense $ 1,400 Service revenue 165,200 26,500 Cost of goods sold (food expense). 52,900 3,900 Buildings 35,000 2,100 Supplies 2,900 5,000 salaries payable 600 Ook Print erences Salaries expense In addition, the company had common stock of $35,000 at the beginning of the year and issued an additional $3,500 during the year. The company also had retained earnings of $17.400 at the beginning of the year Required: 1. Prepare the income statement for Longhorn Corporation 2. Prepare the statement of stockholders' equity for Longhorn Corporation 3. Prepare the balance sheet for Longhorn Corporation Complete this question by entering your answers in the tabs below. Mc Required 1 Required 2 Required 3 Prepare the income statement for Longhorn Corporation LONGHORN CORPORATION
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