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Fast Deliveres , Incorporated FD was organized December last year and had activity last year , The balance sheet at the beginning of the current
Fast Deliveres Incorporated FD was organized December last year and had activity last year The balance sheet at the beginning of the current year is provided below Assets Cash FAST DELIVERIES INCORPORATED at Accounts Stock Total Two employees have been at monthly salary of $ each The following transactions occurred during January of the current year starting an asset as an at note is payable years delivery tax the total its stock Additional are account and received accounts arising year's sales are collected last are for Sent totaling are are the the receives advance services to and collected transaction services on are counted and to the deliveries for the of the Yearly interest is determined by multiplying the by the rate expressed interest as the Interest the years it will value Thus each year of the depreciation to the total Record appreciation the of January equal to the by the to are $ per ployee and will the prepaid and Required Prepare income statement Prepare the statement of Prepare the balance sheet
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