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I am not sure if all the information was uploaded on the last question. Using the journal / ledger complete the income and balance statements.
I am not sure if all the information was uploaded on the last question. Using the journal / ledger complete the income and balance statements. I am not sure where I am wrong. I have included photos of all of the ledger and the journal entry along with the Income and balance statement provided to me.
Revenue Expenses \begin{tabular}{rrr} \hline$ & $75,000.00 \\ \hline & $5,000.00 \end{tabular} $$(20,000.00)$20,000.00 $$169,400.00169,400.00$ Sharper! Enterprises Inc. Income Statement For Month ending 6/30/20XX \begin{tabular}{|l|lr|} \hline Revenues & & \\ \hline[ Insert text] & $ & 100,000.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} Operating Expenses: \begin{tabular}{l} Rent Expesne \\ \hline Intrest Expense \\ \hline Depreciation Expense \\ \hline \end{tabular} \begin{tabular}{|lr|} $ & 20,000.00 \\ \hline$ & 3,901.11 \\ \hline & 6,875.00 \\ \hline \end{tabular} Total Operating Expenses: $30,776.11 Net Income 69,223.89 Sharper! Enterprises Inc. Balance Sheet For Month ending 6/30/20X Assets Liabilities and Owners' Equity Current Assets: Current Liabilities: Cash \begin{tabular}{|lr|} \hline$ & 233,007.00 \\ \hline$ & 100,000.00 \\ & \\ \hline & \\ \hline & \\ \hline & 333,007.00 \\ \hline \end{tabular} Operating expense \begin{tabular}{|l|rr|} \hline Total Current Liabilities & 130,776.11 \\ \hline Long Term Liabilities: & & \\ \hline Note Payable & $ & 70,000.00 \\ \hline Lease Liability & $ & 135,400.00 \\ \hline Interest Payable & $ & 1,007.00 \\ \hline Bond payable & $ & 71,167.00 \\ \hline Total Long Term Liabilities: & $277,574.00 \\ \hline \end{tabular} Total Liabilities: Non-Current Assets: \begin{tabular}{|l|l|lr|} \hline & Owner's Equity & & \\ \hline & *easury Stock & $ & (1,250.00 \\ \hline & *ommon Stock & $ & 5,200.00 \\ \hline \multirow{*}{*}{} & Retained Earnings & $ & 109,000.00 \\ \hline & Additional Paid in Capital & $ & 33,800.00 \\ \hline & Total Equity & 146,750.00 \\ \hline \end{tabular} Total Non Current/Fixed Assets $260,525.00 Total Liabilities \& Equity $555,100.11 Total Assets: $593,532.00 $38,431.89 Sharper! Enterprises Inc. General Journal Entries Revenue Expenses \begin{tabular}{rrr} \hline$ & $75,000.00 \\ \hline & $5,000.00 \end{tabular} $$(20,000.00)$20,000.00 $$169,400.00169,400.00$ Sharper! Enterprises Inc. Income Statement For Month ending 6/30/20XX \begin{tabular}{|l|lr|} \hline Revenues & & \\ \hline[ Insert text] & $ & 100,000.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} Operating Expenses: \begin{tabular}{l} Rent Expesne \\ \hline Intrest Expense \\ \hline Depreciation Expense \\ \hline \end{tabular} \begin{tabular}{|lr|} $ & 20,000.00 \\ \hline$ & 3,901.11 \\ \hline & 6,875.00 \\ \hline \end{tabular} Total Operating Expenses: $30,776.11 Net Income 69,223.89 Sharper! Enterprises Inc. Balance Sheet For Month ending 6/30/20X Assets Liabilities and Owners' Equity Current Assets: Current Liabilities: Cash \begin{tabular}{|lr|} \hline$ & 233,007.00 \\ \hline$ & 100,000.00 \\ & \\ \hline & \\ \hline & \\ \hline & 333,007.00 \\ \hline \end{tabular} Operating expense \begin{tabular}{|l|rr|} \hline Total Current Liabilities & 130,776.11 \\ \hline Long Term Liabilities: & & \\ \hline Note Payable & $ & 70,000.00 \\ \hline Lease Liability & $ & 135,400.00 \\ \hline Interest Payable & $ & 1,007.00 \\ \hline Bond payable & $ & 71,167.00 \\ \hline Total Long Term Liabilities: & $277,574.00 \\ \hline \end{tabular} Total Liabilities: Non-Current Assets: \begin{tabular}{|l|l|lr|} \hline & Owner's Equity & & \\ \hline & *easury Stock & $ & (1,250.00 \\ \hline & *ommon Stock & $ & 5,200.00 \\ \hline \multirow{*}{*}{} & Retained Earnings & $ & 109,000.00 \\ \hline & Additional Paid in Capital & $ & 33,800.00 \\ \hline & Total Equity & 146,750.00 \\ \hline \end{tabular} Total Non Current/Fixed Assets $260,525.00 Total Liabilities \& Equity $555,100.11 Total Assets: $593,532.00 $38,431.89 Sharper! Enterprises Inc. General Journal Entries
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