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Intro to Accting Lyryx Learning Inc - Microsoft Edge hups://lila1Jyryx.cor./ On November 1,2014, Sandra Castell organized a new company called Zcom Inc. On the last
Intro to Accting Lyryx Learning Inc - Microsoft Edge hups://lila1Jyryx.cor./ On November 1,2014, Sandra Castell organized a new company called Zcom Inc. On the last day of that month, the company's records showed the items listed below. Use this intomation to prepare the November income statement and ivlel?ccid-10200 statement of changes in equity as well as the balance sheet at November 30 for Zcom Inc. aa) Complete the income statement using the format provided. 60,500 100,500 Accounts payable Advertising e erisa Building Cash Commissions eamed Coullin erried , 191.000 58,000 Reveriues 240.000 140,000 Tolel revenues - 33,500 interest expense Interest payable Land Property taxes payable Share capital Short-term notes payable Supplies 2 1,0001 15,000 102,500 39,500 5 50b) Complete the statement of changes in equity using the format provided. Tolal expenscs Statement ot Changes in Equity 90,500 Share Retained Tots Capital Famings Fquity c) Complete the Balance Sheet. Halance Sheet Assels Liabiliies I otal assets Iotal liabilties__ Equily Total equrty___ Total liabiitios and equity Official Time: 1:35:45 SUBMIT AND MARK SAVE AND CICOSF
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