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Mondrian Company show the following balances. Prepare an income statement, statement of retained earnings and a balance sheet. cash 14,900 accounts receivable 6,200 supplies 8,400
Mondrian Company show the following balances. Prepare an income statement, statement of retained earnings and a balance sheet.
cash 14,900
accounts receivable 6,200
supplies 8,400
equipment 15,900
accounts payable 2,400
common stock 22,000
Retained earnings, December. 31, Year 1 15,900
Retained earnings, December 31, Year 2 7,200
Owner Draw 14,200
Consulting revenue 45,200
rental revenue. 17,400
salaries expense 18, 500
rent expense 16,700
selling and administrative expenses 8,100
Mondrain Income Statement Year 2
Total Revenue ?
Expenses ?
Total Expenses ?
Net Income (Revenue-Expense) ?
Armani Company Statement of Retained Earnings Dec 31, Year 2
Retained earnings Dec 31, Year 1
Add Net income ?
Less owner draw ?
retained earnings Dec 31, Year 2
Mondrain Company Balance Sheet Dec 31, Year 2
Assets ?
Liabilities ?
Total Liabilities ?
Equity ?
Total Equity?
Total Assets ?
Total liabilities and equity?
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