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I DON'T KNOW THE ANSWER OF THE REST, CAN YOU PLEASE HELP ME AND CHECK IF MY ANSWER IS RIGHT Exercise 4-17 (Part Level Submission)
I DON'T KNOW THE ANSWER OF THE REST, CAN YOU PLEASE HELP ME AND CHECK IF MY ANSWER IS RIGHT
Exercise 4-17 (Part Level Submission) These financial statement items are for Flint Company at year-end, July 31, 2019. Salaries and wages payable 2,000 Notes payable (long-term) Salaries and wages expense 51,700 Cash Utilities expense $2,100 14,700 9,700 22,100 Accounts receivable 31,500 Accumulated depreciation-equipment Accounts payable Service revenue Rent revenue Common Stock 4,800 Dividends 61,500 Depreciation expense 3,400 4,000 21,900 8,300 Retained Earnings (beginning of the year) 30,500 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Flint Company Income Statement For the Year Ended July 31, 2019 Revenues Service Revenue 61,500 Rent Revenue 8,300 Total Revenues 69800 Expenses Salaries and Wages Expense 51,700 Utilities Expense 22,100 4,000 Total Expenses 77800 8000 Net Income (Loss) (a2) Prepare a retained earnings statement for the year. Flint Company Retained Earnings Statement Dividends 21,900 Less . Net Income/ (Loss) 8000 Less. Dividends 3,400 Dividends Attempts: 0 of 3 usedStep by Step Solution
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