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Income Statement and balance Sheet on March 1, 2016 Any Dartbegon Dart Delary service which proces delivery of bukmailings to the post office, neghborhood delivery
Income Statement and balance Sheet on March 1, 2016 Any Dartbegon Dart Delary service which proces delivery of bukmailings to the post office, neghborhood delivery of weekly newspapers dat de very to computer service centers and various other delivery Services and ans. On February 2 Diested 50,000 of her own funds in the form and borrowed 524.000 from her father on a month non interest bear note payable. The following information at March 31 Actors53300 7300 3.000 St Scope w 100 200 34000 1200 pe Required Prepare an income water for the month of March De with your DART DELIVERY SERVICE Income Statement For the Month Indied Math 11, 2016 DART DELIVERY SERVICE Income Statement For the Month Ended March 31, 2016 Rent Expense Delivery Fees Earned $ 77,200 Expenses 0 Advertising Expense 3,600 Supplies Expense 10,800 Salaries Expense 25,200 Insurance Expense 3,200 Miscellaneous Expense 800 Total Expenses 43,600 33,600 b. Prepare a balance sheet as of March 31, 2016. DART DELIVERY SERVICE Balance Sheet As of March 31, 2016 ASSETS LIABILITIES Accounts Receivable $ 38,800 Accounts Payable $ 4,800 Cash 51,600 Notes payable 24,000 Supplies 0 Total Liabilities $ STOCKHOLDERS' EQUITY Common Stock 60,000 Retained Earnings 0 Total Stockholders' Equity $ Total Assets $ 0 Total Liabilities and Stockholders' Equity $ Please answer all parts of the question. 0 0 0
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