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Data Table -X Land $ 6,000 36,000 pa 2,700 33,000 $ 28,000 8,000 1,700 11,000 145,600 2,200 Notes Payable Property Tax Expense Dividends Rent Expense

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Data Table -X Land $ 6,000 36,000 pa 2,700 33,000 $ 28,000 8,000 1,700 11,000 145,600 2,200 Notes Payable Property Tax Expense Dividends Rent Expense Salaries Expense Salaries Payable Revel Service Revenue Office Supplies Retained Earnings, Dec. 31, 2017 10,000 Common Stock Accounts Payable Accounts Receivable Advertising Expense Building Cash Equipment Insurance Expense Interest Expense 65,000 700 13,000 190,000 15,000 1.900 7,600 52,000 Requirement 1. Prepare Golden City's Barbershop's income statement. Golden City Barbershop Income Statement Year Ended December 31, 2018 Revenues Service Revenue Expenses: WWE JULETTE Year Ended December 31, 2018 Revenues: Service Revenue Expenses: Net Income Requirement 2. Prepare the statement of retained earnings. Retained Earnings, Dec. 31, 2017 Retained Earnings, Dec. 31, 2018 Requirement 3. Prepare the balance sheet. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Golden City Barbershop Balance Sheet December 31, 2018 Assets Liabilities Stockholders' Equity Cholom uw lintu Assets Liabilities Stockholders' Equity

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