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Current Attempt in Progress Nash's Trading Post, LLC began operations on January 1, 2017. The following information is available for Nash's Trading Post, LLC on
Current Attempt in Progress Nash's Trading Post, LLC began operations on January 1, 2017. The following information is available for Nash's Trading Post, LLC on December 31, 2017. Accounts payable $6,000 Notes payable $9,000 Accounts receivable Rent expense 11,000 3,000 Advertising expense 4,100 Retained earnings ? 4,100 Service revenue 27,000 Cash Common stock 16,000 Supplies 2,900 3,500 Supplies expense Dividends 1,600 Equipment 27,800 Prepare an income statement for Nash's Trading Post, LLC Nash's Trading Post, LLC Income Statement $ Prepare a retained earnings statement for Nash's Trading Post, LLC. (List items that increase retained earnings first,) Nash's Trading Post, LLC Retained Earnings Statement $ $ FA EA Prepare a balance sheet for Nash's Trading Post, LLC. (List assets in order of liquidity.) Nash's Trading Post, LLC Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $ $ $
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