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I provided charts to go by please go by the chart. thank you! or: yo.com Un January, 200 habad AllEstablished Mountain Chegg. Instructions The amounts
I provided charts to go by
please go by the chart. thank you!
or: yo.com Un January, 200 habad AllEstablished Mountain Chegg. Instructions The amounts of the assets and liabilities of Excalibur Travel Agency at December 31, 20Y5, the end of the year, and its revenue and expenses for the year follow. The capital of James Brewster, owner, was $680,000 on January 1, 2045, the beginning of the year. During the year, James withdrew $43,000. Accounts Amounts Accounts payable $65,500 Accounts receivable 264,000 Cash 180,500 Fees earned 879,200 Land 541,000 Miscellaneous expense 6,900 Rent expense 32,000 5,200 Supplies Supplies expense 4,100 Utilities expense 28,000 Wages expense 520,000 Next Utilities expense 28,000 520,000 Wages expense Required: 1. Prepare an income statement for the year ended December 31, 2045. 2. Prepare a statement of owner's equity for the year ended December 31, 2045, 3. Prepare a balance sheet as of December 31, 2045.. 4. What item appears on both the statement of owner's equity and the balance sheet? "Be sure to complete the statement heading. Refer to the information given and the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Email Instructor Submit All work saved. Income Statement Income Statement December 31, 2015 1 (Account) I I 2 (Label) 3 5 6 7 8 9 2. Prepare a statement of owner's equity for the year ended December 31, 2045. Be sure to complete the statement heading. Refer to the information given and the lists of Accounts Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. It required, use the minus sign to indicate any decreases in equity. Excalibur Travel Agency Statement of Owner's Equity (Label) 1 2 3 4 S Balance Sheet Excalibur Travel Agency Balance Sheet (Label) 1 Assets 2 3 3 4 5 6 7 Liabilities 8 9 Owner's equity 10 11 4. What item appears on both the statement of owner's equity and the balance sheet Step by Step Solution
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