Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create the four general purpose financial statements for the year ended Dec 31, 2019 i.e. Income statement, Balance Sheet, Statement of Owners Equity/Retained Earnings, Statement

Create the four general purpose financial statements for the year ended Dec 31, 2019 i.e. Income statement, Balance Sheet, Statement of Owners Equity/Retained Earnings, Statement of Cash Flows.

image text in transcribed

50100 Cost of Goods Sold 54000 Job Expenses:64200 Equipment Rental Dec 31, 19 54000 Job Expensca:54400 Permits and 54000 Job Expensca:54500 Subcontractors 54000 Job Expenses:54520 Freight & Delivery 54000 Job Expenses:54599-Less Discounts 60100 Automobile:60110 Fuel 60100 Automobile:60120 Insurance 2100 Insurance:62110 Disability Insurance 2100-Insurance:62120 Liability Insurance 62100 Insurance:62130. Work Comp 2400 Interest Expense:62420 Loan Interest 2700 Payroll Expenses:62710 Gross Wages 62700 Payroll Expenses:62720 Payroll Taxe8 62700 Payroll Expenses:62730 FUTA Expense 2700 Payroll Expense8:62740 SUTA Expense 110,344.60 150,094 20 83600 Professional Fees:63810 Accounting 64200 Repairs:64210 Building Repairs 4200 Repairs:84220 Computer Repairs 4200 Repairs:64230 Equipment Repairs 24000 Payroll Liabilities:24040 FUTA Payable 66100 Utilities 66110. Gas and Electric 65100 Utilitie8 65120 Telephone 4000 Payroll Liabilities:24070 State Disability .225.000.48 1.225,000.48 00 Emp. Health 48.35 Rcimbursed Freight& Delivery

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Find the derivative. f(x) 8 3 4 mix X O 4 x32 4 x32 3 -4x - x2

Answered: 1 week ago