Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Do all 3 please I dont understand at all Financial statements and closing entries Income Statement Retained Earnings Statement Foxy Investigative Services is an nvestqative

Do all 3 please I dont understand at all image text in transcribed
image text in transcribed
image text in transcribed
Financial statements and closing entries Income Statement Retained Earnings Statement Foxy Investigative Services is an nvestqative services ferm that is owned and operated by Shirey Vickers On November 30, 2018, he end of the tocaet yesar the accountant for F meshotive Serv ces prepared an end of perod spread heet, apat of whibln Foxy Invesigative Services End of Period Spreadsheet For the Year Ended November 30,2018 Adjusted Trial Balance Account Tite 25000 2.500 437000 Accumuaes Depreciation Buidng DOLL F4FS 5 6 inancial statements and closing entries Chart of Accounts Labels and Amount Descriptions Income Sta Instructions Salaries Payable Unearned Rent Common Stock Retained Earnings 3,800 2,500 80,000 293,600 Dividends 11,700 Service Fees Rent Revenue Salaries Expense Rent Expense Supplies Expense 712,850 11.700 524,000 46,800 10,300 8 400 7.950 3,500 2,500 5.800 Depreciation Expense-Building Utilities Expense Repairs Expense insurance Expense Miscellaneous Expense - 1.158 250 1.158 250 Check My Work All work saved entMain.do inprogress true Calculator I statements and closing entries Income Statement Retained Earnings Statement 1.158,250 1.158,250 1. A. Prepare an income statement for the year ended November 30, 2018 if a net loss has been incurred enter that amount as a negatve number using a minus sign. Be sure to complere the statement heading Use the list of Labels and Amount Descriptions for the comect wording of hext tems other than account names You wall not need to enter colons () on the income statement Refer to the Chart of Accounts for exact wording of accoun B. Prepare a retained eamings statement for the year ended November 30 2018 if a net loss is incurmed or dividends were paid enter that amount as a negative number using a mnus sign Be sure to complete the statement heading Use the ist of Labels and Amount Descrptons for the cormect wording of text items. Refer to the Chart of Accounts for exact wording of accountnoes Refer to the lsts of Labe snd Amour Descriptors eract wordng of 0 answer es for teat ennes omer man out names C Prepare a balance sheet as of November 30 2018 Fxed assets must be entered in order according to account number Be sure to compiete tre statement heading you wil not need to enter colons (3 or the word Less" on the baiance sheet tmey wil automabically insert where necessary Reter to the Chart of Accounta for exact wording of account stes Reler to tats of Labels and Amount Dectons f exact wording of the anser choices for pet entis oter than account name For ose boxes in anen you F4 F5 F6 F8 4 6 7 8 9 0 Financial statements and closing entries Income Statement Retained Earnings Statement Foxy Investigative Services is an nvestqative services ferm that is owned and operated by Shirey Vickers On November 30, 2018, he end of the tocaet yesar the accountant for F meshotive Serv ces prepared an end of perod spread heet, apat of whibln Foxy Invesigative Services End of Period Spreadsheet For the Year Ended November 30,2018 Adjusted Trial Balance Account Tite 25000 2.500 437000 Accumuaes Depreciation Buidng DOLL F4FS 5 6 inancial statements and closing entries Chart of Accounts Labels and Amount Descriptions Income Sta Instructions Salaries Payable Unearned Rent Common Stock Retained Earnings 3,800 2,500 80,000 293,600 Dividends 11,700 Service Fees Rent Revenue Salaries Expense Rent Expense Supplies Expense 712,850 11.700 524,000 46,800 10,300 8 400 7.950 3,500 2,500 5.800 Depreciation Expense-Building Utilities Expense Repairs Expense insurance Expense Miscellaneous Expense - 1.158 250 1.158 250 Check My Work All work saved entMain.do inprogress true Calculator I statements and closing entries Income Statement Retained Earnings Statement 1.158,250 1.158,250 1. A. Prepare an income statement for the year ended November 30, 2018 if a net loss has been incurred enter that amount as a negatve number using a minus sign. Be sure to complere the statement heading Use the list of Labels and Amount Descriptions for the comect wording of hext tems other than account names You wall not need to enter colons () on the income statement Refer to the Chart of Accounts for exact wording of accoun B. Prepare a retained eamings statement for the year ended November 30 2018 if a net loss is incurmed or dividends were paid enter that amount as a negative number using a mnus sign Be sure to complete the statement heading Use the ist of Labels and Amount Descrptons for the cormect wording of text items. Refer to the Chart of Accounts for exact wording of accountnoes Refer to the lsts of Labe snd Amour Descriptors eract wordng of 0 answer es for teat ennes omer man out names C Prepare a balance sheet as of November 30 2018 Fxed assets must be entered in order according to account number Be sure to compiete tre statement heading you wil not need to enter colons (3 or the word Less" on the baiance sheet tmey wil automabically insert where necessary Reter to the Chart of Accounta for exact wording of account stes Reler to tats of Labels and Amount Dectons f exact wording of the anser choices for pet entis oter than account name For ose boxes in anen you F4 F5 F6 F8 4 6 7 8 9 0

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

Recommended Textbook for

More Books

Students also viewed these Accounting questions