Financial statements Income Statement Retained Earings Statement Balance Sheet Final Question Instructions The amounts of the ass and abilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow The retained earnings were 51,341,000 on dividends of $75,000 were paid Accounts payable Accounts receivable Cash Common sock Fees earned Land Miscellaneous expense Rent expense Supplies Supplies expense Us expense Wages expense $69,500 236,500 190,500 450,000 383,500 1,500,000 14.500 22.500 7000 11.300 16,700 170.000 Required: 1 Prepare an incommens for the year ended December 31, 2018 Refer to the account diven in the instructions and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for extenties Be sure to complete the statement heating a net loss is incurred, and chat amount as a negade number using a minus sign. A coton wwwmatically appear is required 2. Prepare a reter dhe year ended December 31, 2018 Redue to the accounts are in the instructions and to mesto of Labels and Amount Descriptions provided for the exact worting of the answer choices for extensis Be sure to to come the more hending a ner oss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. The word "Lessor Addis not needed in the Retained Earings Sument 2. Prepare a balance sheet as of December 31, 2018 Refer to the account given in the instructions and to the sofabets and Amount and the Instructors $69,500 236,500 190.500 Accounts payable Accounts receivable Cash Common stock Fees camed Land Miscellaneous expense Rent expense Supplies Supplies expense Ultes expense Wages expense 450,000 383.500 1.500.000 14,500 22.500 7,000 11.300 16,700 170,000 Required: 1. Prepare an income stammer for the year ended December 31, 2018 Refor to the Account given in the instructions and to the list of Labels and Amount Descripcions provided for the exact wording of the answer choices for text entries. Be sure to complew the statement heading a net foss is incurred, enter that amount as a negatve number using a minun sign. A colon () wilt automatically appear it is required 2. Prepare a canetas.merit for me year ended December 31, 2018 Rekor to the accounts given in ne istucoons and to the se of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading a netos is incurred or dividends were paid, enter the amount as a negarve number using a bus sign. The word "Lessor "Aare not needed in the Retained Earnings Statement 3 Prepare a balesef as of December 31, 2018 Reker to the con given in the nuructions and to the stor bets and Amount Descriptions provided for one exact warding of the answw.choices for textentes. Be sure to complete the most heading What am appears on both the retained eanings statement and the balance sheer Financial statements Income Statement Retained Earni Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and Labels and Amount Descriptions divy Labels December 31, 2018 Expenses For the Year Ended December 31, 2018 Amount Descriptions Change in retained earnings Dividends Netincome Net loss Retained earnings Retained earnings, December 31, 2018 Retained earnings, January 1, 2018 Total assets Total expenses Total liabilities and stockholders' equity Total stockholders' equity efer to the Accounts given in the inst hoices for text entries. Be sure to com hinus sign. A colon () will automatica 2018. Refer to the Accounts given in answer choices for text entries. Bes nr as a negative number using a min 3. Prepare a balance sheer as of December 31, 2018 Refer to the Accounts given in the instructions and to the 2. Prepare an income for the year ended December 31, 2018. Retoro the Accogien in the instructions and to the Ass of Label and Amount Descriptions provided for the exact wording of th statement heading Wandfloss is incurred, naramount as a negative number using a minus sign A colon () will automatically appear is required Journey Travel Agency Income Statement For the Year Ended December 31, 2018 1 Teen Expenses 3 + 5 Income Statement Retained Eamings Statement Balance Sheet Final Question who Fredag Star Perde Dec. 2018 Mercedesaates are provided to the choices de la escuedor de masave the word 'warders Sumey Tawny ament 3 Popara tetan / December 21, 2016. decennonce in a hand out here we can worden tenet. Desweco en Journey ce Sheet At Lion Financial statements Income Statement Retained Earings Statement Balance Sheet Final Questi- Instructions Income Statement Balance Sheet Final Question 3. 4 What to appears on both the retained earnings statement and the balance sheet? Descriptions provided for the exact Fees Eamed Retained earnings Dividends Net income Cash Liabilities Financial statements Income Statement Retained Earings Statement Balance Sheet Final Question Instructions The amounts of the ass and abilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow The retained earnings were 51,341,000 on dividends of $75,000 were paid Accounts payable Accounts receivable Cash Common sock Fees earned Land Miscellaneous expense Rent expense Supplies Supplies expense Us expense Wages expense $69,500 236,500 190,500 450,000 383,500 1,500,000 14.500 22.500 7000 11.300 16,700 170.000 Required: 1 Prepare an incommens for the year ended December 31, 2018 Refer to the account diven in the instructions and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for extenties Be sure to complete the statement heating a net loss is incurred, and chat amount as a negade number using a minus sign. A coton wwwmatically appear is required 2. Prepare a reter dhe year ended December 31, 2018 Redue to the accounts are in the instructions and to mesto of Labels and Amount Descriptions provided for the exact worting of the answer choices for extensis Be sure to to come the more hending a ner oss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. The word "Lessor Addis not needed in the Retained Earings Sument 2. Prepare a balance sheet as of December 31, 2018 Refer to the account given in the instructions and to the sofabets and Amount and the Instructors $69,500 236,500 190.500 Accounts payable Accounts receivable Cash Common stock Fees camed Land Miscellaneous expense Rent expense Supplies Supplies expense Ultes expense Wages expense 450,000 383.500 1.500.000 14,500 22.500 7,000 11.300 16,700 170,000 Required: 1. Prepare an income stammer for the year ended December 31, 2018 Refor to the Account given in the instructions and to the list of Labels and Amount Descripcions provided for the exact wording of the answer choices for text entries. Be sure to complew the statement heading a net foss is incurred, enter that amount as a negatve number using a minun sign. A colon () wilt automatically appear it is required 2. Prepare a canetas.merit for me year ended December 31, 2018 Rekor to the accounts given in ne istucoons and to the se of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading a netos is incurred or dividends were paid, enter the amount as a negarve number using a bus sign. The word "Lessor "Aare not needed in the Retained Earnings Statement 3 Prepare a balesef as of December 31, 2018 Reker to the con given in the nuructions and to the stor bets and Amount Descriptions provided for one exact warding of the answw.choices for textentes. Be sure to complete the most heading What am appears on both the retained eanings statement and the balance sheer Financial statements Income Statement Retained Earni Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and Labels and Amount Descriptions divy Labels December 31, 2018 Expenses For the Year Ended December 31, 2018 Amount Descriptions Change in retained earnings Dividends Netincome Net loss Retained earnings Retained earnings, December 31, 2018 Retained earnings, January 1, 2018 Total assets Total expenses Total liabilities and stockholders' equity Total stockholders' equity efer to the Accounts given in the inst hoices for text entries. Be sure to com hinus sign. A colon () will automatica 2018. Refer to the Accounts given in answer choices for text entries. Bes nr as a negative number using a min 3. Prepare a balance sheer as of December 31, 2018 Refer to the Accounts given in the instructions and to the 2. Prepare an income for the year ended December 31, 2018. Retoro the Accogien in the instructions and to the Ass of Label and Amount Descriptions provided for the exact wording of th statement heading Wandfloss is incurred, naramount as a negative number using a minus sign A colon () will automatically appear is required Journey Travel Agency Income Statement For the Year Ended December 31, 2018 1 Teen Expenses 3 + 5 Income Statement Retained Eamings Statement Balance Sheet Final Question who Fredag Star Perde Dec. 2018 Mercedesaates are provided to the choices de la escuedor de masave the word 'warders Sumey Tawny ament 3 Popara tetan / December 21, 2016. decennonce in a hand out here we can worden tenet. Desweco en Journey ce Sheet At Lion Financial statements Income Statement Retained Earings Statement Balance Sheet Final Questi- Instructions Income Statement Balance Sheet Final Question 3. 4 What to appears on both the retained earnings statement and the balance sheet? Descriptions provided for the exact Fees Eamed Retained earnings Dividends Net income Cash Liabilities