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i tried doing it but the balance sheet doesn't balance. this all the items available to be used no please answers to all Styles Question
i tried doing it but the balance sheet doesn't balance.
this all the items available to be used
no please
Styles Question 3 - Downriver Excursions LLC buys a new boat on credit for $10,000. How does this affect the income statement, balance sheet, and statement of cash flows for that calendar year? What if anything will be affected and by how much? Income Statement? Balance Sheet? Statement of Cash Flows? Question 4 - Pulse, a dance club, saw a $40,000 drop in revenue during 2020 due to the Covid- 19 virus. How will this affect the 2020 incomes statement, balance sheet, and statement of cash flows? What if anything will be affected and by how much? Income Statement? Balance Sheet? Statement of Cash Flows? Question 5 - Based on the following financial information, construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019. Question 5 - Based on the following financial information, construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019. Accounts Receivable $40,000 Depreciation Expense $50,000 Accumulated Depreciation $200,000 Cost of Goods Sold $50,000 Income Tax Expense $50,000 Cash $50,000 Sales Revenue $400,000 Equipment (Before Accumulated Depreciation) $400,000 Selling, General, and Administrative Expenses $100,000 Common Stock (1,000 shares) $100,000 Accounts Payable $50,000 Retained Earnings $200,000 Interest Expense $50,000 Inventory $10,000 Long-term Debt $50,000 Balance Sheet here... Income Statement here... Question 5 - Based on the following financial information, construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019. Accounts Receivable $40,000 Depreciation Expense $50,000 Accumulated Depreciation $200,000 Cost of Goods Sold $50,000 Income Tax Expense $50,000 Cash $50,000 Sales Revenue $400,000 Equipment (Before Accumulated Depreciation) $400,000 Selling, General, and Administrative Expenses $100,000 Common Stock (1,000 shares) $100,000 Accounts Payable $50,000 Retained Earnings $200,000 Interest Expense $50,000 Inventory $10,000 Long-term Debt $50,000 Balance Sheet here... Income Statement here answers to all
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