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Do It! Review 1-3a (Part Level Submission) Skysong, Inc. began operations on January 1, 2017. The following information is available for Skysong, Inc. on December

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Do It! Review 1-3a (Part Level Submission) Skysong, Inc. began operations on January 1, 2017. The following information is available for Skysong, Inc. on December 31, 2017 Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment 13,200 13,100 $8,100 Notes payable 5,100 Rent expense 4,470 Retained earnings 6,200 Service revenue Supplies Supplies expense 31,200 5,000 1,230 18,100 5,600 29,900

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