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Intro to Accting Lyryx Learning Inc - Microsoft Edge hups://lila1Jyryx.com/ Question 3 [35 points] On February 1, 2014, Susan West organized a new company cal
Intro to Accting Lyryx Learning Inc - Microsoft Edge hups://lila1Jyryx.com/ Question 3 [35 points] On February 1, 2014, Susan West organized a new company cal ed Holden Corp. On the last day of that month, the company's records showed the items listed below. Use this information to prepare the February income statement and vlel?ccid-10200 statement of changes in equity as well as the balance sheet at February 28 for Holden Corp. Halance Complete the income statement using the format provided. Accounts payable 104,000 RT loo 09,500 24,000 isclecl orie) Corrumissiuns earried Revenues 143,500! Equipment Interest expense Land Office salaries expense Property taxes paysbie Rent camed Share capital Short tei noles payatlc Store supplies expense Supplies 35,000 Total revens 145,000 68,500 - . 129,000 94,500 132,500 73,500 b) Complete the statement of changes in equity using the tormat provided. 40,500 Statement of Changes in Equity Share Retained Total Capital Earnings quity c) Complete the Balance Sheet select one) Balance Sheet Assets LiabililieS I otal assets lotal liabilities Equity Total equity Total liabities and equty O Type here to search 1140 AM 2/14/2018 8
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