Claire Corporation task and prepare the following:

An Income Statement

A Statement of Retained Earnings

A Balance Sheet

The Claire Corporation

Claire Corporation builds foundations for churches and grottos in Perugia, Italia. The following alphabetical list shows Claires account balances as of April 30, 2014:

Accounts Payable 3,900

Retained Earnings (4/1/14) 10000

Accounts receivable 10120

Revenue earned 17400

Cash 13760

Supplies 6500

Common Stock 30000

Supplies expenses 7200

Utilities expenses 420

Wages Expenses 8800

Dividends 7000

Equipment 27500

Notes Payable 20000

From the information provided above, prepare an Income Statement.

Claire Corporation

Income Statement

For the Month Ended April 30, 2014

From the information provided above, prepared a Statement of Retained Earnings for the Month Ended April 30, 2014.

Claire Corporation

Statement of Retained Earnings

For the Month Ended April 30, 2014

From the information provided above, prepare a Balance Sheet for April 30, 2014.

	Claire Corporation
	Balance Sheet
	April 30, 2014
Assets		Liabilities
	$		$
		Total Liabilities	$
		Shareholders Equity
			$
		Total Shareholders Equity	$
Total Assets	$	Total Liabilities and Shareholders Equity	$