chap1 q3.6

Success Grammarly Home | Chegg.com The Home Depot -... VitalSource Booksh... 3 Order 339116928 a online studyir ded Question 3 of 6 > -/2 Current Attempt in Progress An analysis of transactions for Pina Colada Corp., a certified public accounting firm, for the month of August is as follows. Assume that August is the company's first month of business. Assets Liabilities Stockhold R Cash Accounts Receivable + Supplies Accounts Payable + Common Stock Equipment + + Revenues Expenses 1. 14,650 $ 14,650 2. 1.700 $5,200 $ 3.500 3. -650 $ 650 4. 5,000 $ 2,900 $7.900 5. - 1.000 1,000 6. 1,100 7. - 700 - $ 700 8. 550 - 550 9. 3.900 -3.900 10. 550 - 550 s s for Pina Colada Corp., a certified public accounting firm, for the month of August is as follows. Assume that rst month of business. Liabilities + Stockholders' Equity Retained Earnings Accounts Payable Common Stock = + + Revenues Expenses Dividend $ 14,650 $ 3,500 $ 7.900 Service Revenue - 1,000 -$ 1.100 -$ 700 Rent Expense - 3,900 Salaries/Wages Expense 550 - 550 Utilities Expense Prepare an income statement for August. Pina Colada Corp. Income Statement V $ $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit