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Click a Pix works weddings and prom-type parties. The balance of retained earnings was $12,000 at December 31, 2017. At December 31, 2018, the business's
Click a Pix works weddings and prom-type parties. The balance of retained earnings was $12,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Prepare the following financial statements for Click a Pix for the year ended December 31, 2018 a. Income statement. b. Statement of retained earnings. c. Balance sheet. a. Prepare Click a Pix's income statement. (If a box is not used in the table leave the box empty: do not select a label or enter a zero.) Data Table x $ $ 10,000 34,000 6,000 11.000 12,000 2 Insurance Expense Cash Accounts Payable Advertising Expense Service Revenue Dividends Accounts Receivable Notes Payable Retained Earings, Dec 31, 2018 Salaries Expense Equipment Common Stock 1,000 80,000 14.000 27,000 42,000 29,000 Net Income b. Prepare Click a Pix's statement of retained earnings Print Done Click a Pix works weddings and prom-type parties. The balance of retained earnings was $12,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: E (Click the icon to view the accounts.) Prepare the following financial statements for Click a Pix for the year ended December 31, 2018: a. Income statement. b. Statement of retained earnings. C. Balance sheet. b. Prepare Click a Pix's statement of retained earnings Retained Earnings, December 31, 2017 0 Data Table - X Retained Earnings, December 31, 2018 c. Prepare Click a Pix's balance sheet. (If a box is not used in the table leave the box empty, do not select a label or enter a zero. $ $ Insurance Expense Cash Accounts Payable Advertising Expense Service Revenue Dividends 10,000 34,000 6,000 1,000 80,000 Accounts Receivable Notes Payable Retained Earnings, Dec. 31, 2018 Salaries Expense Equipment Common Stock 11,000 12,000 ? 27,000 42,000 29,000 Assets Liabilities 14,000 Print Done Stockholders' Equity
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