income statement

statement of changes in equity

statement of financial position

These accounts and balances are taken from the financial statements of Sarasota Corporation for the year ended December 31, 2022 Retained earnings, January 1 Utilities expense Equipment Accounts payable Income tax payable Cash Salaries payable Common shares, January 1 Dividends declared Service revenue Prepaid insurance Repair and maintenance expense Depreciation expense Accounts receivable Insurance expense Salaries expense Income tax expense Accumulated depreciation-equipment $25,000 1,300 81,000 19,200 4.700 12,400 3,000 13,000 9,000 77,000 8,000 4,300 5,000 8,200 2.400 31,000 5,500 23,600 Sarasota issued $2,600 of common shares during the year. Prepare an income statement for the year ended December 31, 2022 Prepare an income statement for the year ended December 31, 2022. SARASOTA CORPORATION Income Statement Prepare an a statement of changes in equity for the year ended December 31, 2022. (If an amount reduces the account balance then enter with negative sign e.g. -45 or parentheses e.g. (45).) SARASOTA CORPORATION Statement of Changes in Equity Common Shares Retained Earnings $ Total Eq Prepare classified statement of financial position at December 31, 2022. (List Current Assets in order of liquidity.) Prepare classified statement of financial position at December 31, 2022. (List Current Assets in order of liquidity.) SARASOTA CORPORATION Statement of Financial Position Assets . Liabilities and Shareholders' Equity . $ $ e Textbook and Media