Answered step by step
Verified Expert Solution
Question
1 Approved Answer
income statement please Please give positive ratings so I can keep answering. If you have any queries please comment. Thanks! I really need Calculation of
income statement please
Please give positive ratings so I can keep answering. If you have any queries please comment. Thanks! I really need Calculation of Retained Earnings Account Sales Revenge Services Revenue Total Revenue Cost of goods sold Wapes Expense Rent Expense Utilities Expense Interest Expense Insurance Expense Depreciation Expense Other Expense Net Income Retained Earnings-opening balance Retained Earningsclesing balance Amounts 15,000.00 100,000.00 115.000,00 12,000.00 600000 25,000.00 3.320.00 45,000.00 .66 30,864.00 30,000.00 (97.683.66) Balance Sheet Amounts Current Assets 1.647,513.34 15,000.00 1,667.00 3,151.00 3.500.00 1.671,011 34 Accounts Receivable Prepaid Insurance Office Supplies Theory Total Current Assets Non Current Assets Furniture & Equipment Accumulated depreciation Total Non Current Assets Total Assets 30,072.00 (30.336.00) 164.00) 1,670,76934 IR R$100 22,000.00 1,127.800.00 1,162, 45100 Total Liabilities & Equity Liabilities Current Liabilities Accounts Payable Wapes Payable Uncando Current Liabilities Non-Current Liabilities Notes Payable Non-Current Liabilities Total Liabilities Equity Common Stock Retained Earnings Total Equity Total Liabilities & Equity 200,000.00 300,000.00 1.468,453.00 300,000.00 (97.683.66) 202.316.34 1,670,769.34 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started