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Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial
Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December. $14,000 $12,000 $10,000 $8,000-- $6,000- $4,000- $2,000 Assets Liabilities Notes Pay: C Unearned Revenue 50 Common Stock Accounts Receivable Cash Equipment Notes Prepaid Receivable Insurance Supplies Dividends Advertising Expense Rent Expense Expenses Accounts Payable Equity Salaries Expense Utilities Expense $9.2 $4,0 Advertising Expense Rent Expense Expenses Salaries Expense Utilities Expense Revenues Consulting Revenue Rental Revenue Prepare an income statement for the month ended December 31. ACCEL Income Statement 0
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